Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$487,920Cash toward the purchase price.
Closing costs + prepaids$15,686Not just lender fees.
Before credits & paid funds$503,607The complete starting cash picture.
Estimated remaining funds due at closing
$503,607No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$487,920.33
Your down payment$487,920.33
Closing costs + prepaids$15,686.33
Total buyer cash needed$503,606.66
Remaining funds due$503,606.66
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,947.50
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)$1,025.25
Initial HOA (3 months)$222.00
Prepaid interest, first (30 days)$1,016.58
Fees + prepaids$15,686.33
Your down payment is the seller’s equity. You take over the $206,830 balance, so the rest of the $694,750 price is paid at closing. A second mortgage can cover part of it. $503,606.66 is due at closing. Uses and sources reconcile at $710,436.33 each. Not a Closing Disclosure.