Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$61,940Cash toward the purchase price.
Closing costs + prepaids$16,054Not just lender fees.
Before credits & paid funds$77,993The complete starting cash picture.
Estimated remaining funds due at closing
$77,993No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$61,939.52
Your down payment$61,939.52
Closing costs + prepaids$16,053.85
Total buyer cash needed$77,993.37
Remaining funds due$77,993.37
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,950.00
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)$1,737.50
Initial HOA (3 months)$780.00
Prepaid interest, first (1 days)$111.35
Fees + prepaids$16,053.85
Your down payment is the seller’s equity. You take over the $633,060 balance, so the rest of the $695,000 price is paid at closing. A second mortgage can cover part of it. $77,993.37 is due at closing. Uses and sources reconcile at $711,053.85 each. Not a Closing Disclosure.