Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$293,512Cash toward the purchase price.
Closing costs + prepaids$15,172Not just lender fees.
Before credits & paid funds$308,684The complete starting cash picture.
Estimated remaining funds due at closing
$308,684No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$293,511.98
Your down payment$293,511.98
Closing costs + prepaids$15,172.35
Total buyer cash needed$308,684.33
Remaining funds due$308,684.33
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,900.00
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)$1,725.00
Prepaid interest, first (2 days)$72.35
Fees + prepaids$15,172.35
Your down payment is the seller’s equity. You take over the $396,488 balance, so the rest of the $690,000 price is paid at closing. A second mortgage can cover part of it. $308,684.33 is due at closing. Uses and sources reconcile at $705,172.35 each. Not a Closing Disclosure.