Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$963,512Cash toward the purchase price.
Closing costs + prepaids$24,558Not just lender fees.
Before credits & paid funds$988,070The complete starting cash picture.
Estimated remaining funds due at closing
$988,070No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$963,512.23
Your down payment$963,512.23
Closing costs + prepaids$24,557.67
Total buyer cash needed$988,069.89
Remaining funds due$988,069.89
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$15,000.00
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)$1,800.00
Prepaid interest, first (12 days)$532.67
Fees + prepaids$24,557.67
Your down payment is the seller’s equity. You take over the $536,488 balance, so the rest of the $1,500,000 price is paid at closing. A second mortgage can cover part of it. $988,069.89 is due at closing. Uses and sources reconcile at $1,524,557.67 each. Not a Closing Disclosure.