Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$350,758Cash toward the purchase price.
Closing costs + prepaids$16,155Not just lender fees.
Before credits & paid funds$366,913The complete starting cash picture.
Estimated remaining funds due at closing
$366,913No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$350,757.90
Your down payment$350,757.90
Closing costs + prepaids$16,155.30
Total buyer cash needed$366,913.20
Remaining funds due$366,913.20
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,400.00
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)$1,600.00
Prepaid interest, first (31 days)$1,680.30
Fees + prepaids$16,155.30
Your down payment is the seller’s equity. You take over the $289,242 balance, so the rest of the $640,000 price is paid at closing. A second mortgage can cover part of it. $366,913.20 is due at closing. Uses and sources reconcile at $656,155.30 each. Not a Closing Disclosure.