Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$206,099Cash toward the purchase price.
Closing costs + prepaids$14,859Not just lender fees.
Before credits & paid funds$220,959The complete starting cash picture.
Estimated remaining funds due at closing
$220,959No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$206,099.36
Your down payment$206,099.36
Closing costs + prepaids$14,859.34
Total buyer cash needed$220,958.70
Remaining funds due$220,958.70
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,850.00
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)$822.00
Initial HOA (3 months)$240.00
Prepaid interest, first (12 days)$472.34
Fees + prepaids$14,859.34
Your down payment is the seller’s equity. You take over the $478,901 balance, so the rest of the $685,000 price is paid at closing. A second mortgage can cover part of it. $220,958.70 is due at closing. Uses and sources reconcile at $699,859.34 each. Not a Closing Disclosure.