Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$933,009Cash toward the purchase price.
Closing costs + prepaids$24,658Not just lender fees.
Before credits & paid funds$957,667The complete starting cash picture.
Estimated remaining funds due at closing
$957,667No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$933,009.25
Your down payment$933,009.25
Closing costs + prepaids$24,657.56
Total buyer cash needed$957,666.80
Remaining funds due$957,666.80
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$12,480.00
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)$3,120.00
Prepaid interest, first (31 days)$1,832.56
Fees + prepaids$24,657.56
Your down payment is the seller’s equity. You take over the $314,991 balance, so the rest of the $1,248,000 price is paid at closing. A second mortgage can cover part of it. $957,666.80 is due at closing. Uses and sources reconcile at $1,272,657.56 each. Not a Closing Disclosure.