Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$359,897Cash toward the purchase price.
Closing costs + prepaids$27,436Not just lender fees.
Before credits & paid funds$387,333The complete starting cash picture.
Estimated remaining funds due at closing
$387,333No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$359,896.72
Your down payment$359,896.72
Closing costs + prepaids$27,436.11
Total buyer cash needed$387,332.83
Remaining funds due$387,332.83
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$12,450.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,112.50
Prepaid interest, first (27 days)$4,648.61
Fees + prepaids$27,436.11
Your down payment is the seller’s equity. You take over the $885,103 balance, so the rest of the $1,245,000 price is paid at closing. A second mortgage can cover part of it. $387,332.83 is due at closing. Uses and sources reconcile at $1,272,436.11 each. Not a Closing Disclosure.