Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$285,991Cash toward the purchase price.
Closing costs + prepaids$16,335Not just lender fees.
Before credits & paid funds$302,326The complete starting cash picture.
Estimated remaining funds due at closing
$302,326No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$285,991.25
Your down payment$285,991.25
Closing costs + prepaids$16,334.59
Total buyer cash needed$302,325.84
Remaining funds due$302,325.84
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$7,050.00
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)$1,762.50
Initial HOA (3 months)$225.00
Prepaid interest, first (2 days)$72.09
Fees + prepaids$16,334.59
Your down payment is the seller’s equity. You take over the $419,009 balance, so the rest of the $705,000 price is paid at closing. A second mortgage can cover part of it. $302,325.84 is due at closing. Uses and sources reconcile at $721,334.59 each. Not a Closing Disclosure.