Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$70,542Cash toward the purchase price.
Closing costs + prepaids$18,201Not just lender fees.
Before credits & paid funds$88,743The complete starting cash picture.
Estimated remaining funds due at closing
$88,743No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$70,541.88
Your down payment$70,541.88
Closing costs + prepaids$18,201.06
Total buyer cash needed$88,742.93
Remaining funds due$88,742.93
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,999.00
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)$1,749.75
Initial HOA (3 months)$309.00
Prepaid interest, first (25 days)$2,668.31
Fees + prepaids$18,201.06
Your down payment is the seller’s equity. You take over the $629,358 balance, so the rest of the $699,900 price is paid at closing. A second mortgage can cover part of it. $88,742.93 is due at closing. Uses and sources reconcile at $718,101.06 each. Not a Closing Disclosure.