Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$488,282Cash toward the purchase price.
Closing costs + prepaids$14,688Not just lender fees.
Before credits & paid funds$502,970The complete starting cash picture.
Estimated remaining funds due at closing
$502,970No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$488,282.35
Your down payment$488,282.35
Closing costs + prepaids$14,687.88
Total buyer cash needed$502,970.23
Remaining funds due$502,970.23
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,750.00
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)$1,025.50
Prepaid interest, first (25 days)$437.38
Fees + prepaids$14,687.88
Your down payment is the seller’s equity. You take over the $186,718 balance, so the rest of the $675,000 price is paid at closing. A second mortgage can cover part of it. $502,970.23 is due at closing. Uses and sources reconcile at $689,687.88 each. Not a Closing Disclosure.