Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$1,151,748Cash toward the purchase price.
Closing costs + prepaids$23,187Not just lender fees.
Before credits & paid funds$1,174,935The complete starting cash picture.
Estimated remaining funds due at closing
$1,174,935No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,151,748.22
Your down payment$1,151,748.22
Closing costs + prepaids$23,187.12
Total buyer cash needed$1,174,935.35
Remaining funds due$1,174,935.35
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$13,490.00
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)$1,431.50
Prepaid interest, first (29 days)$1,040.62
Fees + prepaids$23,187.12
Your down payment is the seller’s equity. You take over the $197,252 balance, so the rest of the $1,349,000 price is paid at closing. A second mortgage can cover part of it. $1,174,935.35 is due at closing. Uses and sources reconcile at $1,372,187.12 each. Not a Closing Disclosure.