Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$294,736Cash toward the purchase price.
Closing costs + prepaids$16,319Not just lender fees.
Before credits & paid funds$311,055The complete starting cash picture.
Estimated remaining funds due at closing
$311,055No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$294,735.84
Your down payment$294,735.84
Closing costs + prepaids$16,319.45
Total buyer cash needed$311,055.29
Remaining funds due$311,055.29
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,899.00
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)$1,724.75
Initial HOA (3 months)$1,146.00
Prepaid interest, first (2 days)$74.70
Fees + prepaids$16,319.45
Your down payment is the seller’s equity. You take over the $395,164 balance, so the rest of the $689,900 price is paid at closing. A second mortgage can cover part of it. $311,055.29 is due at closing. Uses and sources reconcile at $706,219.45 each. Not a Closing Disclosure.