Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$313,352Cash toward the purchase price.
Closing costs + prepaids$15,265Not just lender fees.
Before credits & paid funds$328,617The complete starting cash picture.
Estimated remaining funds due at closing
$328,617No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$313,351.64
Your down payment$313,351.64
Closing costs + prepaids$15,265.25
Total buyer cash needed$328,616.89
Remaining funds due$328,616.89
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$7,000.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,750.00
Prepaid interest, first (1 days)$40.25
Fees + prepaids$15,265.25
Your down payment is the seller’s equity. You take over the $386,648 balance, so the rest of the $700,000 price is paid at closing. A second mortgage can cover part of it. $328,616.89 is due at closing. Uses and sources reconcile at $715,265.25 each. Not a Closing Disclosure.