Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$122,232Cash toward the purchase price.
Closing costs + prepaids$27,003Not just lender fees.
Before credits & paid funds$149,235The complete starting cash picture.
Estimated remaining funds due at closing
$149,235No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$122,231.76
Your down payment$122,231.76
Closing costs + prepaids$27,002.89
Total buyer cash needed$149,234.65
Remaining funds due$149,234.65
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$10,480.00
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)$2,620.00
Initial HOA (3 months)$1,575.00
Prepaid interest, first (31 days)$5,102.89
Fees + prepaids$27,002.89
Your down payment is the seller’s equity. You take over the $925,768 balance, so the rest of the $1,048,000 price is paid at closing. A second mortgage can cover part of it. $149,234.65 is due at closing. Uses and sources reconcile at $1,075,002.89 each. Not a Closing Disclosure.