Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$7,252Cash toward the purchase price.
Closing costs + prepaids$16,341Not just lender fees.
Before credits & paid funds$23,594The complete starting cash picture.
Estimated remaining funds due at closing
$23,594No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$7,252.47
Your down payment$7,252.47
Closing costs + prepaids$16,341.28
Total buyer cash needed$23,593.75
Remaining funds due$23,593.75
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,299.00
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)$731.25
Prepaid interest, first (25 days)$2,836.03
Fees + prepaids$16,341.28
Your down payment is the seller’s equity. You take over the $622,648 balance, so the rest of the $629,900 price is paid at closing. A second mortgage can cover part of it. $23,593.75 is due at closing. Uses and sources reconcile at $646,241.28 each. Not a Closing Disclosure.