Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$1,173,306Cash toward the purchase price.
Closing costs + prepaids$26,333Not just lender fees.
Before credits & paid funds$1,199,639The complete starting cash picture.
Estimated remaining funds due at closing
$1,199,639No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,173,306.31
Your down payment$1,173,306.31
Closing costs + prepaids$26,333.01
Total buyer cash needed$1,199,639.32
Remaining funds due$1,199,639.32
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$14,800.00
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)$3,700.00
Prepaid interest, first (18 days)$608.01
Fees + prepaids$26,333.01
Your down payment is the seller’s equity. You take over the $306,694 balance, so the rest of the $1,480,000 price is paid at closing. A second mortgage can cover part of it. $1,199,639.32 is due at closing. Uses and sources reconcile at $1,506,333.01 each. Not a Closing Disclosure.