Follow the dollars · Assumption only
A complete cash picture for Dec 15, 2026
Your down payment$1,218,825Cash toward the purchase price.
Closing costs + prepaids$24,597Not just lender fees.
Before credits & paid funds$1,243,422The complete starting cash picture.
Estimated remaining funds due at closing
$1,243,422No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,218,825.30
Your down payment$1,218,825.30
Closing costs + prepaids$24,596.86
Total buyer cash needed$1,243,422.16
Remaining funds due$1,243,422.16
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$14,950.00
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)$1,868.75
Prepaid interest, first (17 days)$553.11
Fees + prepaids$24,596.86
Your down payment is the seller’s equity. You take over the $276,175 balance, so the rest of the $1,495,000 price is paid at closing. A second mortgage can cover part of it. $1,243,422.16 is due at closing. Uses and sources reconcile at $1,519,596.86 each. Not a Closing Disclosure.