Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$207,161Cash toward the purchase price.
Closing costs + prepaids$14,834Not just lender fees.
Before credits & paid funds$221,994The complete starting cash picture.
Estimated remaining funds due at closing
$221,994No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$207,160.63
Your down payment$207,160.63
Closing costs + prepaids$14,833.87
Total buyer cash needed$221,994.50
Remaining funds due$221,994.50
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)$225.00
Prepaid interest, first (12 days)$461.87
Fees + prepaids$14,833.87
Your down payment is the seller’s equity. You take over the $477,839 balance, so the rest of the $685,000 price is paid at closing. A second mortgage can cover part of it. $221,994.50 is due at closing. Uses and sources reconcile at $699,833.87 each. Not a Closing Disclosure.