Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$367,789Cash toward the purchase price.
Closing costs + prepaids$21,946Not just lender fees.
Before credits & paid funds$389,735The complete starting cash picture.
Estimated remaining funds due at closing
$389,735No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$367,788.87
Your down payment$367,788.87
Closing costs + prepaids$21,946.40
Total buyer cash needed$389,735.27
Remaining funds due$389,735.27
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$10,000.00
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)$2,500.00
Prepaid interest, first (27 days)$2,221.40
Fees + prepaids$21,946.40
Your down payment is the seller’s equity. You take over the $632,211 balance, so the rest of the $1,000,000 price is paid at closing. A second mortgage can cover part of it. $389,735.27 is due at closing. Uses and sources reconcile at $1,021,946.40 each. Not a Closing Disclosure.