Follow the dollars · Assumption only
A complete cash picture for Dec 18, 2026
Your down payment$53,622Cash toward the purchase price.
Closing costs + prepaids$15,401Not just lender fees.
Before credits & paid funds$69,022The complete starting cash picture.
Estimated remaining funds due at closing
$69,022No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$53,621.80
Your down payment$53,621.80
Closing costs + prepaids$15,400.51
Total buyer cash needed$69,022.31
Remaining funds due$69,022.31
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,950.00
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)$868.75
Initial HOA (3 months)$198.99
Prepaid interest, first (14 days)$907.77
Fees + prepaids$15,400.51
Your down payment is the seller’s equity. You take over the $641,378 balance, so the rest of the $695,000 price is paid at closing. A second mortgage can cover part of it. $69,022.31 is due at closing. Uses and sources reconcile at $710,400.51 each. Not a Closing Disclosure.