Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$400,058Cash toward the purchase price.
Closing costs + prepaids$27,552Not just lender fees.
Before credits & paid funds$427,610The complete starting cash picture.
Estimated remaining funds due at closing
$427,610No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$400,058.29
Your down payment$400,058.29
Closing costs + prepaids$27,552.07
Total buyer cash needed$427,610.36
Remaining funds due$427,610.36
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$12,750.00
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)$3,187.50
Prepaid interest, first (24 days)$4,389.57
Fees + prepaids$27,552.07
Your down payment is the seller’s equity. You take over the $874,942 balance, so the rest of the $1,275,000 price is paid at closing. A second mortgage can cover part of it. $427,610.36 is due at closing. Uses and sources reconcile at $1,302,552.07 each. Not a Closing Disclosure.