Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$1,200,201Cash toward the purchase price.
Closing costs + prepaids$25,166Not just lender fees.
Before credits & paid funds$1,225,367The complete starting cash picture.
Estimated remaining funds due at closing
$1,225,367No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,200,200.75
Your down payment$1,200,200.75
Closing costs + prepaids$25,166.41
Total buyer cash needed$1,225,367.16
Remaining funds due$1,225,367.16
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$13,999.99
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)$3,500.00
Prepaid interest, first (28 days)$441.42
Fees + prepaids$25,166.41
Your down payment is the seller’s equity. You take over the $199,798 balance, so the rest of the $1,399,999 price is paid at closing. A second mortgage can cover part of it. $1,225,367.16 is due at closing. Uses and sources reconcile at $1,425,165.41 each. Not a Closing Disclosure.