Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$407,406Cash toward the purchase price.
Closing costs + prepaids$17,350Not just lender fees.
Before credits & paid funds$424,756The complete starting cash picture.
Estimated remaining funds due at closing
$424,756No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$407,406.11
Your down payment$407,406.11
Closing costs + prepaids$17,349.55
Total buyer cash needed$424,755.66
Remaining funds due$424,755.66
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)$3,229.25
Initial HOA (3 months)$153.00
Prepaid interest, first (27 days)$742.30
Fees + prepaids$17,349.55
Your down payment is the seller’s equity. You take over the $267,594 balance, so the rest of the $675,000 price is paid at closing. A second mortgage can cover part of it. $424,755.66 is due at closing. Uses and sources reconcile at $692,349.55 each. Not a Closing Disclosure.