Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$462,648Cash toward the purchase price.
Closing costs + prepaids$15,660Not just lender fees.
Before credits & paid funds$478,308The complete starting cash picture.
Estimated remaining funds due at closing
$478,308No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$462,647.85
Your down payment$462,647.85
Closing costs + prepaids$15,660.19
Total buyer cash needed$478,308.05
Remaining funds due$478,308.05
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,950.00
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)$1,599.25
Prepaid interest, first (27 days)$635.94
Fees + prepaids$15,660.19
Your down payment is the seller’s equity. You take over the $232,352 balance, so the rest of the $695,000 price is paid at closing. A second mortgage can cover part of it. $478,308.05 is due at closing. Uses and sources reconcile at $710,660.19 each. Not a Closing Disclosure.