Follow the dollars · Assumption only
A complete cash picture for Dec 15, 2026
Your down payment$350,149Cash toward the purchase price.
Closing costs + prepaids$23,204Not just lender fees.
Before credits & paid funds$373,354The complete starting cash picture.
Estimated remaining funds due at closing
$373,354No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$350,149.21
Your down payment$350,149.21
Closing costs + prepaids$23,204.49
Total buyer cash needed$373,353.69
Remaining funds due$373,353.69
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$11,990.00
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)$1,498.75
Prepaid interest, first (17 days)$2,490.74
Fees + prepaids$23,204.49
Your down payment is the seller’s equity. You take over the $848,851 balance, so the rest of the $1,199,000 price is paid at closing. A second mortgage can cover part of it. $373,353.69 is due at closing. Uses and sources reconcile at $1,222,204.49 each. Not a Closing Disclosure.