Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$583,119Cash toward the purchase price.
Closing costs + prepaids$14,601Not just lender fees.
Before credits & paid funds$597,720The complete starting cash picture.
Estimated remaining funds due at closing
$597,720No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$583,118.81
Your down payment$583,118.81
Closing costs + prepaids$14,600.73
Total buyer cash needed$597,719.54
Remaining funds due$597,719.54
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$7,000.00
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)$875.00
Prepaid interest, first (18 days)$250.73
Fees + prepaids$14,600.73
Your down payment is the seller’s equity. You take over the $116,881 balance, so the rest of the $700,000 price is paid at closing. A second mortgage can cover part of it. $597,719.54 is due at closing. Uses and sources reconcile at $714,600.73 each. Not a Closing Disclosure.