Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$974,856Cash toward the purchase price.
Closing costs + prepaids$20,750Not just lender fees.
Before credits & paid funds$995,605The complete starting cash picture.
Estimated remaining funds due at closing
$995,605No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$974,855.68
Your down payment$974,855.68
Closing costs + prepaids$20,749.64
Total buyer cash needed$995,605.31
Remaining funds due$995,605.31
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$11,900.00
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)$1,428.00
Prepaid interest, first (12 days)$196.64
Fees + prepaids$20,749.64
Your down payment is the seller’s equity. You take over the $215,144 balance, so the rest of the $1,190,000 price is paid at closing. A second mortgage can cover part of it. $995,605.31 is due at closing. Uses and sources reconcile at $1,210,749.64 each. Not a Closing Disclosure.