Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$172,340Cash toward the purchase price.
Closing costs + prepaids$16,364Not just lender fees.
Before credits & paid funds$188,704The complete starting cash picture.
Estimated remaining funds due at closing
$188,704No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$172,340.26
Your down payment$172,340.26
Closing costs + prepaids$16,364.19
Total buyer cash needed$188,704.44
Remaining funds due$188,704.44
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,890.00
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)$485.25
Initial HOA (3 months)$107.01
Prepaid interest, first (26 days)$2,406.93
Fees + prepaids$16,364.19
Your down payment is the seller’s equity. You take over the $516,660 balance, so the rest of the $689,000 price is paid at closing. A second mortgage can cover part of it. $188,704.44 is due at closing. Uses and sources reconcile at $705,364.19 each. Not a Closing Disclosure.