Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$507,135Cash toward the purchase price.
Closing costs + prepaids$14,112Not just lender fees.
Before credits & paid funds$521,246The complete starting cash picture.
Estimated remaining funds due at closing
$521,246No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$507,134.52
Your down payment$507,134.52
Closing costs + prepaids$14,111.67
Total buyer cash needed$521,246.19
Remaining funds due$521,246.19
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,980.00
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)$347.00
Prepaid interest, first (18 days)$309.67
Fees + prepaids$14,111.67
Your down payment is the seller’s equity. You take over the $190,865 balance, so the rest of the $698,000 price is paid at closing. A second mortgage can cover part of it. $521,246.19 is due at closing. Uses and sources reconcile at $712,111.67 each. Not a Closing Disclosure.