Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$399,352Cash toward the purchase price.
Closing costs + prepaids$15,805Not just lender fees.
Before credits & paid funds$415,157The complete starting cash picture.
Estimated remaining funds due at closing
$415,157No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$399,351.94
Your down payment$399,351.94
Closing costs + prepaids$15,805.07
Total buyer cash needed$415,157.01
Remaining funds due$415,157.01
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,950.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,508.25
Initial HOA (3 months)$345.00
Prepaid interest, first (24 days)$526.82
Fees + prepaids$15,805.07
Your down payment is the seller’s equity. You take over the $295,648 balance, so the rest of the $695,000 price is paid at closing. A second mortgage can cover part of it. $415,157.01 is due at closing. Uses and sources reconcile at $710,805.07 each. Not a Closing Disclosure.