Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$1,042,838Cash toward the purchase price.
Closing costs + prepaids$22,218Not just lender fees.
Before credits & paid funds$1,065,056The complete starting cash picture.
Estimated remaining funds due at closing
$1,065,056No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,042,838.07
Your down payment$1,042,838.07
Closing costs + prepaids$22,217.70
Total buyer cash needed$1,065,055.76
Remaining funds due$1,065,055.76
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$11,950.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,987.50
Prepaid interest, first (2 days)$55.20
Fees + prepaids$22,217.70
Your down payment is the seller’s equity. You take over the $152,162 balance, so the rest of the $1,195,000 price is paid at closing. A second mortgage can cover part of it. $1,065,055.76 is due at closing. Uses and sources reconcile at $1,217,217.70 each. Not a Closing Disclosure.