Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$340,011Cash toward the purchase price.
Closing costs + prepaids$14,594Not just lender fees.
Before credits & paid funds$354,605The complete starting cash picture.
Estimated remaining funds due at closing
$354,605No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$340,010.63
Your down payment$340,010.63
Closing costs + prepaids$14,593.91
Total buyer cash needed$354,604.54
Remaining funds due$354,604.54
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)$827.50
Prepaid interest, first (12 days)$396.41
Fees + prepaids$14,593.91
Your down payment is the seller’s equity. You take over the $349,489 balance, so the rest of the $689,500 price is paid at closing. A second mortgage can cover part of it. $354,604.54 is due at closing. Uses and sources reconcile at $704,093.91 each. Not a Closing Disclosure.