Follow the dollars · Assumption only
A complete cash picture for Dec 15, 2026
Your down payment$214,447Cash toward the purchase price.
Closing costs + prepaids$14,995Not just lender fees.
Before credits & paid funds$229,442The complete starting cash picture.
Estimated remaining funds due at closing
$229,442No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$214,447.10
Your down payment$214,447.10
Closing costs + prepaids$14,994.74
Total buyer cash needed$229,441.84
Remaining funds due$229,441.84
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,375.00
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)$797.00
Prepaid interest, first (17 days)$1,347.74
Fees + prepaids$14,994.74
Your down payment is the seller’s equity. You take over the $423,053 balance, so the rest of the $637,500 price is paid at closing. A second mortgage can cover part of it. $229,441.84 is due at closing. Uses and sources reconcile at $652,494.74 each. Not a Closing Disclosure.