Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$1,052,397Cash toward the purchase price.
Closing costs + prepaids$23,576Not just lender fees.
Before credits & paid funds$1,075,973The complete starting cash picture.
Estimated remaining funds due at closing
$1,075,973No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,052,396.53
Your down payment$1,052,396.53
Closing costs + prepaids$23,576.36
Total buyer cash needed$1,075,972.89
Remaining funds due$1,075,972.89
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$13,500.00
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)$1,620.00
Initial HOA (3 months)$783.00
Prepaid interest, first (9 days)$448.36
Fees + prepaids$23,576.36
Your down payment is the seller’s equity. You take over the $297,603 balance, so the rest of the $1,350,000 price is paid at closing. A second mortgage can cover part of it. $1,075,972.89 is due at closing. Uses and sources reconcile at $1,373,576.36 each. Not a Closing Disclosure.