Follow the dollars · Assumption only
A complete cash picture for Dec 15, 2026
Your down payment$753,015Cash toward the purchase price.
Closing costs + prepaids$22,475Not just lender fees.
Before credits & paid funds$775,490The complete starting cash picture.
Estimated remaining funds due at closing
$775,490No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$753,014.71
Your down payment$753,014.71
Closing costs + prepaids$22,474.95
Total buyer cash needed$775,489.67
Remaining funds due$775,489.67
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$12,500.00
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)$1,562.50
Prepaid interest, first (17 days)$1,187.45
Fees + prepaids$22,474.95
Your down payment is the seller’s equity. You take over the $496,985 balance, so the rest of the $1,250,000 price is paid at closing. A second mortgage can cover part of it. $775,489.67 is due at closing. Uses and sources reconcile at $1,272,474.95 each. Not a Closing Disclosure.