Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$300,595Cash toward the purchase price.
Closing costs + prepaids$15,089Not just lender fees.
Before credits & paid funds$315,684The complete starting cash picture.
Estimated remaining funds due at closing
$315,684No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$300,594.69
Your down payment$300,594.69
Closing costs + prepaids$15,089.07
Total buyer cash needed$315,683.76
Remaining funds due$315,683.76
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,899.00
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)$828.00
Initial HOA (3 months)$50.01
Prepaid interest, first (12 days)$837.06
Fees + prepaids$15,089.07
Your down payment is the seller’s equity. You take over the $389,305 balance, so the rest of the $689,900 price is paid at closing. A second mortgage can cover part of it. $315,683.76 is due at closing. Uses and sources reconcile at $704,989.07 each. Not a Closing Disclosure.