Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$1,262,683Cash toward the purchase price.
Closing costs + prepaids$27,830Not just lender fees.
Before credits & paid funds$1,290,513The complete starting cash picture.
Estimated remaining funds due at closing
$1,290,513No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,262,683.24
Your down payment$1,262,683.24
Closing costs + prepaids$27,829.60
Total buyer cash needed$1,290,512.84
Remaining funds due$1,290,512.84
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$15,900.00
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)$3,975.00
Prepaid interest, first (24 days)$729.60
Fees + prepaids$27,829.60
Your down payment is the seller’s equity. You take over the $327,317 balance, so the rest of the $1,590,000 price is paid at closing. A second mortgage can cover part of it. $1,290,512.84 is due at closing. Uses and sources reconcile at $1,617,829.60 each. Not a Closing Disclosure.