Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$1,052,397Cash toward the purchase price.
Closing costs + prepaids$24,459Not just lender fees.
Before credits & paid funds$1,076,855The complete starting cash picture.
Estimated remaining funds due at closing
$1,076,855No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,052,396.53
Your down payment$1,052,396.53
Closing costs + prepaids$24,458.59
Total buyer cash needed$1,076,855.12
Remaining funds due$1,076,855.12
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$13,500.00
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)$1,605.50
Initial HOA (3 months)$783.00
Prepaid interest, first (27 days)$1,345.09
Fees + prepaids$24,458.59
Your down payment is the seller’s equity. You take over the $297,603 balance, so the rest of the $1,350,000 price is paid at closing. A second mortgage can cover part of it. $1,076,855.12 is due at closing. Uses and sources reconcile at $1,374,458.59 each. Not a Closing Disclosure.