Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$414,671Cash toward the purchase price.
Closing costs + prepaids$13,522Not just lender fees.
Before credits & paid funds$428,193The complete starting cash picture.
Estimated remaining funds due at closing
$428,193No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$414,670.63
Your down payment$414,670.63
Closing costs + prepaids$13,522.00
Total buyer cash needed$428,192.62
Remaining funds due$428,192.62
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 (1 days)$24.00
Fees + prepaids$13,522.00
Your down payment is the seller’s equity. You take over the $285,329 balance, so the rest of the $700,000 price is paid at closing. A second mortgage can cover part of it. $428,192.62 is due at closing. Uses and sources reconcile at $713,522.00 each. Not a Closing Disclosure.