Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$2,697,940Cash toward the purchase price.
Closing costs + prepaids$47,018Not just lender fees.
Before credits & paid funds$2,744,958The complete starting cash picture.
Estimated remaining funds due at closing
$2,744,958No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$2,697,940.32
Your down payment$2,697,940.32
Closing costs + prepaids$47,018.11
Total buyer cash needed$2,744,958.42
Remaining funds due$2,744,958.42
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$37,500.00
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)$2,134.00
Prepaid interest, first (2 days)$159.11
Fees + prepaids$47,018.11
Your down payment is the seller’s equity. You take over the $1,052,060 balance, so the rest of the $3,750,000 price is paid at closing. A second mortgage can cover part of it. $2,744,958.42 is due at closing. Uses and sources reconcile at $3,797,018.11 each. Not a Closing Disclosure.