Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$333,308Cash toward the purchase price.
Closing costs + prepaids$17,471Not just lender fees.
Before credits & paid funds$350,779The complete starting cash picture.
Estimated remaining funds due at closing
$350,779No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$333,307.80
Your down payment$333,307.80
Closing costs + prepaids$17,470.94
Total buyer cash needed$350,778.73
Remaining funds due$350,778.73
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,890.00
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)$1,722.50
Initial HOA (3 months)$1,590.00
Prepaid interest, first (23 days)$793.44
Fees + prepaids$17,470.94
Your down payment is the seller’s equity. You take over the $355,692 balance, so the rest of the $689,000 price is paid at closing. A second mortgage can cover part of it. $350,778.73 is due at closing. Uses and sources reconcile at $706,470.94 each. Not a Closing Disclosure.