Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$459,950Cash toward the purchase price.
Closing costs + prepaids$14,835Not just lender fees.
Before credits & paid funds$474,785The complete starting cash picture.
Estimated remaining funds due at closing
$474,785No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$459,950.45
Your down payment$459,950.45
Closing costs + prepaids$14,835.04
Total buyer cash needed$474,785.49
Remaining funds due$474,785.49
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,800.00
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)$699.25
Initial HOA (3 months)$168.99
Prepaid interest, first (27 days)$691.80
Fees + prepaids$14,835.04
Your down payment is the seller’s equity. You take over the $220,050 balance, so the rest of the $680,000 price is paid at closing. A second mortgage can cover part of it. $474,785.49 is due at closing. Uses and sources reconcile at $694,835.04 each. Not a Closing Disclosure.