Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$408,104Cash toward the purchase price.
Closing costs + prepaids$14,747Not just lender fees.
Before credits & paid funds$422,851The complete starting cash picture.
Estimated remaining funds due at closing
$422,851No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$408,103.83
Your down payment$408,103.83
Closing costs + prepaids$14,746.97
Total buyer cash needed$422,850.80
Remaining funds due$422,850.80
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,250.00
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)$750.00
Initial HOA (3 months)$1,083.00
Prepaid interest, first (12 days)$188.97
Fees + prepaids$14,746.97
Your down payment is the seller’s equity. You take over the $216,896 balance, so the rest of the $625,000 price is paid at closing. A second mortgage can cover part of it. $422,850.80 is due at closing. Uses and sources reconcile at $639,746.97 each. Not a Closing Disclosure.