Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$334,532Cash toward the purchase price.
Closing costs + prepaids$16,967Not just lender fees.
Before credits & paid funds$351,499The complete starting cash picture.
Estimated remaining funds due at closing
$351,499No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$334,532.11
Your down payment$334,532.11
Closing costs + prepaids$16,966.97
Total buyer cash needed$351,499.07
Remaining funds due$351,499.07
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,950.00
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)$1,737.50
Initial HOA (3 months)$1,110.00
Prepaid interest, first (24 days)$694.47
Fees + prepaids$16,966.97
Your down payment is the seller’s equity. You take over the $360,468 balance, so the rest of the $695,000 price is paid at closing. A second mortgage can cover part of it. $351,499.07 is due at closing. Uses and sources reconcile at $711,966.97 each. Not a Closing Disclosure.