Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$147,093Cash toward the purchase price.
Closing costs + prepaids$16,057Not just lender fees.
Before credits & paid funds$163,149The complete starting cash picture.
Estimated remaining funds due at closing
$163,149No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$147,092.77
Your down payment$147,092.77
Closing costs + prepaids$16,056.63
Total buyer cash needed$163,149.40
Remaining funds due$163,149.40
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$7,000.00
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)$1,750.00
Prepaid interest, first (18 days)$831.63
Fees + prepaids$16,056.63
Your down payment is the seller’s equity. You take over the $552,907 balance, so the rest of the $700,000 price is paid at closing. A second mortgage can cover part of it. $163,149.40 is due at closing. Uses and sources reconcile at $716,056.63 each. Not a Closing Disclosure.