Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$33,957Cash toward the purchase price.
Closing costs + prepaids$20,167Not just lender fees.
Before credits & paid funds$54,124The complete starting cash picture.
Estimated remaining funds due at closing
$54,124No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$33,956.77
Your down payment$33,956.77
Closing costs + prepaids$20,167.08
Total buyer cash needed$54,123.85
Remaining funds due$54,123.85
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,959.50
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)$1,740.00
Initial HOA (3 months)$2,187.00
Prepaid interest, first (31 days)$2,805.58
Fees + prepaids$20,167.08
Your down payment is the seller’s equity. You take over the $661,993 balance, so the rest of the $695,950 price is paid at closing. A second mortgage can cover part of it. $54,123.85 is due at closing. Uses and sources reconcile at $716,117.08 each. Not a Closing Disclosure.