Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$1,188,933Cash toward the purchase price.
Closing costs + prepaids$24,380Not just lender fees.
Before credits & paid funds$1,213,313The complete starting cash picture.
Estimated remaining funds due at closing
$1,213,313No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,188,933.07
Your down payment$1,188,933.07
Closing costs + prepaids$24,380.20
Total buyer cash needed$1,213,313.27
Remaining funds due$1,213,313.27
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$14,750.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,770.00
Initial HOA (3 months)$267.00
Prepaid interest, first (9 days)$368.20
Fees + prepaids$24,380.20
Your down payment is the seller’s equity. You take over the $286,067 balance, so the rest of the $1,475,000 price is paid at closing. A second mortgage can cover part of it. $1,213,313.27 is due at closing. Uses and sources reconcile at $1,499,380.20 each. Not a Closing Disclosure.