Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$415,298Cash toward the purchase price.
Closing costs + prepaids$14,216Not just lender fees.
Before credits & paid funds$429,515The complete starting cash picture.
Estimated remaining funds due at closing
$429,515No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$415,298.13
Your down payment$415,298.13
Closing costs + prepaids$14,216.38
Total buyer cash needed$429,514.51
Remaining funds due$429,514.51
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)$23.00
Prepaid interest, first (30 days)$718.38
Fees + prepaids$14,216.38
Your down payment is the seller’s equity. You take over the $284,702 balance, so the rest of the $700,000 price is paid at closing. A second mortgage can cover part of it. $429,514.51 is due at closing. Uses and sources reconcile at $714,216.38 each. Not a Closing Disclosure.