Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$351,434Cash toward the purchase price.
Closing costs + prepaids$24,458Not just lender fees.
Before credits & paid funds$375,892The complete starting cash picture.
Estimated remaining funds due at closing
$375,892No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$351,434.47
Your down payment$351,434.47
Closing costs + prepaids$24,457.88
Total buyer cash needed$375,892.35
Remaining funds due$375,892.35
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$11,750.00
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)$2,937.50
Prepaid interest, first (29 days)$2,545.38
Fees + prepaids$24,457.88
Your down payment is the seller’s equity. You take over the $823,566 balance, so the rest of the $1,175,000 price is paid at closing. A second mortgage can cover part of it. $375,892.35 is due at closing. Uses and sources reconcile at $1,199,457.88 each. Not a Closing Disclosure.