Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$1,060,567Cash toward the purchase price.
Closing costs + prepaids$22,023Not just lender fees.
Before credits & paid funds$1,082,590The complete starting cash picture.
Estimated remaining funds due at closing
$1,082,590No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,060,566.80
Your down payment$1,060,566.80
Closing costs + prepaids$22,023.40
Total buyer cash needed$1,082,590.20
Remaining funds due$1,082,590.20
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$11,500.00
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)$2,875.00
Prepaid interest, first (24 days)$423.40
Fees + prepaids$22,023.40
Your down payment is the seller’s equity. You take over the $89,433 balance, so the rest of the $1,150,000 price is paid at closing. A second mortgage can cover part of it. $1,082,590.20 is due at closing. Uses and sources reconcile at $1,172,023.40 each. Not a Closing Disclosure.