Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$203,059Cash toward the purchase price.
Closing costs + prepaids$25,690Not just lender fees.
Before credits & paid funds$228,749The complete starting cash picture.
Estimated remaining funds due at closing
$228,749No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$203,058.53
Your down payment$203,058.53
Closing costs + prepaids$25,690.40
Total buyer cash needed$228,748.93
Remaining funds due$228,748.93
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$12,000.00
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)$3,000.00
Prepaid interest, first (29 days)$3,465.40
Fees + prepaids$25,690.40
Your down payment is the seller’s equity. You take over the $996,941 balance, so the rest of the $1,200,000 price is paid at closing. A second mortgage can cover part of it. $228,748.93 is due at closing. Uses and sources reconcile at $1,225,690.40 each. Not a Closing Disclosure.