Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$124,415Cash toward the purchase price.
Closing costs + prepaids$24,360Not just lender fees.
Before credits & paid funds$148,776The complete starting cash picture.
Estimated remaining funds due at closing
$148,776No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$124,415.41
Your down payment$124,415.41
Closing costs + prepaids$24,360.48
Total buyer cash needed$148,775.89
Remaining funds due$148,775.89
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$9,890.00
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)$2,472.50
Prepaid interest, first (31 days)$4,772.98
Fees + prepaids$24,360.48
Your down payment is the seller’s equity. You take over the $864,585 balance, so the rest of the $989,000 price is paid at closing. A second mortgage can cover part of it. $148,775.89 is due at closing. Uses and sources reconcile at $1,013,360.48 each. Not a Closing Disclosure.