Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$625,391Cash toward the purchase price.
Closing costs + prepaids$14,322Not just lender fees.
Before credits & paid funds$639,713The complete starting cash picture.
Estimated remaining funds due at closing
$639,713No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$625,390.97
Your down payment$625,390.97
Closing costs + prepaids$14,321.94
Total buyer cash needed$639,712.92
Remaining funds due$639,712.92
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,885.00
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)$826.25
Prepaid interest, first (12 days)$135.69
Fees + prepaids$14,321.94
Your down payment is the seller’s equity. You take over the $63,109 balance, so the rest of the $688,500 price is paid at closing. A second mortgage can cover part of it. $639,712.92 is due at closing. Uses and sources reconcile at $702,821.94 each. Not a Closing Disclosure.