Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$347,531Cash toward the purchase price.
Closing costs + prepaids$14,983Not just lender fees.
Before credits & paid funds$362,514The complete starting cash picture.
Estimated remaining funds due at closing
$362,514No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$347,531.41
Your down payment$347,531.41
Closing costs + prepaids$14,982.72
Total buyer cash needed$362,514.12
Remaining funds due$362,514.12
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,990.00
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)$838.75
Initial HOA (3 months)$253.74
Prepaid interest, first (12 days)$425.23
Fees + prepaids$14,982.72
Your down payment is the seller’s equity. You take over the $351,469 balance, so the rest of the $699,000 price is paid at closing. A second mortgage can cover part of it. $362,514.12 is due at closing. Uses and sources reconcile at $713,982.72 each. Not a Closing Disclosure.