Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$340,011Cash toward the purchase price.
Closing costs + prepaids$15,571Not just lender fees.
Before credits & paid funds$355,581The complete starting cash picture.
Estimated remaining funds due at closing
$355,581No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$340,010.63
Your down payment$340,010.63
Closing costs + prepaids$15,570.55
Total buyer cash needed$355,581.18
Remaining funds due$355,581.18
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,895.00
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)$1,176.50
Prepaid interest, first (31 days)$1,024.05
Fees + prepaids$15,570.55
Your down payment is the seller’s equity. You take over the $349,489 balance, so the rest of the $689,500 price is paid at closing. A second mortgage can cover part of it. $355,581.18 is due at closing. Uses and sources reconcile at $705,070.55 each. Not a Closing Disclosure.