Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$116,069Cash toward the purchase price.
Closing costs + prepaids$14,714Not just lender fees.
Before credits & paid funds$130,783The complete starting cash picture.
Estimated remaining funds due at closing
$130,783No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$116,068.84
Your down payment$116,068.84
Closing costs + prepaids$14,714.40
Total buyer cash needed$130,783.24
Remaining funds due$130,783.24
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,400.00
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)$768.00
Prepaid interest, first (12 days)$1,071.40
Fees + prepaids$14,714.40
Your down payment is the seller’s equity. You take over the $523,931 balance, so the rest of the $640,000 price is paid at closing. A second mortgage can cover part of it. $130,783.24 is due at closing. Uses and sources reconcile at $654,714.40 each. Not a Closing Disclosure.