Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$202,922Cash toward the purchase price.
Closing costs + prepaids$17,340Not just lender fees.
Before credits & paid funds$220,263The complete starting cash picture.
Estimated remaining funds due at closing
$220,263No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$202,922.31
Your down payment$202,922.31
Closing costs + prepaids$17,340.24
Total buyer cash needed$220,262.55
Remaining funds due$220,262.55
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,895.00
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)$1,723.75
Initial HOA (3 months)$1,290.00
Prepaid interest, first (25 days)$956.49
Fees + prepaids$17,340.24
Your down payment is the seller’s equity. You take over the $486,578 balance, so the rest of the $689,500 price is paid at closing. A second mortgage can cover part of it. $220,262.55 is due at closing. Uses and sources reconcile at $706,840.24 each. Not a Closing Disclosure.