Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$1,151,391Cash toward the purchase price.
Closing costs + prepaids$23,478Not just lender fees.
Before credits & paid funds$1,174,869The complete starting cash picture.
Estimated remaining funds due at closing
$1,174,869No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,151,391.05
Your down payment$1,151,391.05
Closing costs + prepaids$23,478.03
Total buyer cash needed$1,174,869.08
Remaining funds due$1,174,869.08
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$14,299.00
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)$1,112.25
Prepaid interest, first (28 days)$841.78
Fees + prepaids$23,478.03
Your down payment is the seller’s equity. You take over the $278,509 balance, so the rest of the $1,429,900 price is paid at closing. A second mortgage can cover part of it. $1,174,869.08 is due at closing. Uses and sources reconcile at $1,453,378.03 each. Not a Closing Disclosure.