Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$276,908Cash toward the purchase price.
Closing costs + prepaids$15,183Not just lender fees.
Before credits & paid funds$292,091The complete starting cash picture.
Estimated remaining funds due at closing
$292,091No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$276,908.00
Your down payment$276,908.00
Closing costs + prepaids$15,183.48
Total buyer cash needed$292,091.49
Remaining funds due$292,091.49
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$7,000.00
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)$840.00
Initial HOA (3 months)$278.01
Prepaid interest, first (9 days)$590.47
Fees + prepaids$15,183.48
Your down payment is the seller’s equity. You take over the $423,092 balance, so the rest of the $700,000 price is paid at closing. A second mortgage can cover part of it. $292,091.49 is due at closing. Uses and sources reconcile at $715,183.48 each. Not a Closing Disclosure.