Follow the dollars · Assumption only
A complete cash picture for Dec 16, 2026
Your down payment$1,595,289Cash toward the purchase price.
Closing costs + prepaids$37,039Not just lender fees.
Before credits & paid funds$1,632,328The complete starting cash picture.
Estimated remaining funds due at closing
$1,632,328No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,595,288.86
Your down payment$1,595,288.86
Closing costs + prepaids$37,039.25
Total buyer cash needed$1,632,328.12
Remaining funds due$1,632,328.12
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$24,500.00
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)$3,062.50
Prepaid interest, first (16 days)$2,251.75
Fees + prepaids$37,039.25
Your down payment is the seller’s equity. You take over the $854,711 balance, so the rest of the $2,450,000 price is paid at closing. A second mortgage can cover part of it. $1,632,328.12 is due at closing. Uses and sources reconcile at $2,487,039.25 each. Not a Closing Disclosure.