Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$301,104Cash toward the purchase price.
Closing costs + prepaids$14,895Not just lender fees.
Before credits & paid funds$316,000The complete starting cash picture.
Estimated remaining funds due at closing
$316,000No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$301,104.26
Your down payment$301,104.26
Closing costs + prepaids$14,895.33
Total buyer cash needed$315,999.60
Remaining funds due$315,999.60
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$7,090.00
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)$379.50
Initial HOA (3 months)$135.00
Prepaid interest, first (1 days)$65.83
Fees + prepaids$14,895.33
Your down payment is the seller’s equity. You take over the $407,896 balance, so the rest of the $709,000 price is paid at closing. A second mortgage can cover part of it. $315,999.60 is due at closing. Uses and sources reconcile at $723,895.33 each. Not a Closing Disclosure.