Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$981,938Cash toward the purchase price.
Closing costs + prepaids$26,778Not just lender fees.
Before credits & paid funds$1,008,716The complete starting cash picture.
Estimated remaining funds due at closing
$1,008,716No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$981,938.31
Your down payment$981,938.31
Closing costs + prepaids$26,777.55
Total buyer cash needed$1,008,715.86
Remaining funds due$1,008,715.86
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$14,499.90
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)$3,625.00
Initial HOA (3 months)$48.24
Prepaid interest, first (31 days)$1,379.41
Fees + prepaids$26,777.55
Your down payment is the seller’s equity. You take over the $468,052 balance, so the rest of the $1,449,990 price is paid at closing. A second mortgage can cover part of it. $1,008,715.86 is due at closing. Uses and sources reconcile at $1,476,767.55 each. Not a Closing Disclosure.