Follow the dollars · Assumption only
A complete cash picture for Dec 15, 2026
Your down payment$357,490Cash toward the purchase price.
Closing costs + prepaids$14,027Not just lender fees.
Before credits & paid funds$371,517The complete starting cash picture.
Estimated remaining funds due at closing
$371,517No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$357,490.06
Your down payment$357,490.06
Closing costs + prepaids$14,027.10
Total buyer cash needed$371,517.16
Remaining funds due$371,517.16
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,249.00
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)$781.25
Prepaid interest, first (17 days)$521.85
Fees + prepaids$14,027.10
Your down payment is the seller’s equity. You take over the $267,410 balance, so the rest of the $624,900 price is paid at closing. A second mortgage can cover part of it. $371,517.16 is due at closing. Uses and sources reconcile at $638,927.10 each. Not a Closing Disclosure.