Follow the dollars · Assumption only
A complete cash picture for Dec 15, 2026
Your down payment$459,305Cash toward the purchase price.
Closing costs + prepaids$15,916Not just lender fees.
Before credits & paid funds$475,221The complete starting cash picture.
Estimated remaining funds due at closing
$475,221No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$459,304.87
Your down payment$459,304.87
Closing costs + prepaids$15,915.70
Total buyer cash needed$475,220.56
Remaining funds due$475,220.56
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$7,250.00
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)$906.25
Initial HOA (3 months)$183.00
Prepaid interest, first (17 days)$351.45
Fees + prepaids$15,915.70
Your down payment is the seller’s equity. You take over the $265,695 balance, so the rest of the $725,000 price is paid at closing. A second mortgage can cover part of it. $475,220.56 is due at closing. Uses and sources reconcile at $740,915.70 each. Not a Closing Disclosure.