Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$1,120,991Cash toward the purchase price.
Closing costs + prepaids$22,873Not just lender fees.
Before credits & paid funds$1,143,864The complete starting cash picture.
Estimated remaining funds due at closing
$1,143,864No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,120,991.05
Your down payment$1,120,991.05
Closing costs + prepaids$22,873.40
Total buyer cash needed$1,143,864.44
Remaining funds due$1,143,864.44
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$13,995.00
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)$1,112.25
Prepaid interest, first (18 days)$541.15
Fees + prepaids$22,873.40
Your down payment is the seller’s equity. You take over the $278,509 balance, so the rest of the $1,399,500 price is paid at closing. A second mortgage can cover part of it. $1,143,864.44 is due at closing. Uses and sources reconcile at $1,422,373.40 each. Not a Closing Disclosure.