Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$223,604Cash toward the purchase price.
Closing costs + prepaids$16,608Not just lender fees.
Before credits & paid funds$240,212The complete starting cash picture.
Estimated remaining funds due at closing
$240,212No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$223,604.02
Your down payment$223,604.02
Closing costs + prepaids$16,607.55
Total buyer cash needed$240,211.57
Remaining funds due$240,211.57
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,999.00
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)$489.75
Initial HOA (3 months)$99.99
Prepaid interest, first (27 days)$2,543.81
Fees + prepaids$16,607.55
Your down payment is the seller’s equity. You take over the $476,296 balance, so the rest of the $699,900 price is paid at closing. A second mortgage can cover part of it. $240,211.57 is due at closing. Uses and sources reconcile at $716,507.55 each. Not a Closing Disclosure.