Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$703,697Cash toward the purchase price.
Closing costs + prepaids$21,646Not just lender fees.
Before credits & paid funds$725,343The complete starting cash picture.
Estimated remaining funds due at closing
$725,343No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$703,696.92
Your down payment$703,696.92
Closing costs + prepaids$21,646.39
Total buyer cash needed$725,343.31
Remaining funds due$725,343.31
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$9,999.00
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)$2,499.75
Initial HOA (3 months)$1,314.00
Prepaid interest, first (25 days)$608.64
Fees + prepaids$21,646.39
Your down payment is the seller’s equity. You take over the $296,203 balance, so the rest of the $999,900 price is paid at closing. A second mortgage can cover part of it. $725,343.31 is due at closing. Uses and sources reconcile at $1,021,546.39 each. Not a Closing Disclosure.