Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$950,474Cash toward the purchase price.
Closing costs + prepaids$18,532Not just lender fees.
Before credits & paid funds$969,005The complete starting cash picture.
Estimated remaining funds due at closing
$969,005No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$950,473.65
Your down payment$950,473.65
Closing costs + prepaids$18,531.68
Total buyer cash needed$969,005.33
Remaining funds due$969,005.33
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$9,888.88
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)$1,231.50
Initial HOA (3 months)$90.00
Prepaid interest, first (30 days)$96.30
Fees + prepaids$18,531.68
Your down payment is the seller’s equity. You take over the $38,414 balance, so the rest of the $988,888 price is paid at closing. A second mortgage can cover part of it. $969,005.33 is due at closing. Uses and sources reconcile at $1,007,419.68 each. Not a Closing Disclosure.