Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$409,005Cash toward the purchase price.
Closing costs + prepaids$14,790Not just lender fees.
Before credits & paid funds$423,794The complete starting cash picture.
Estimated remaining funds due at closing
$423,794No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$409,004.64
Your down payment$409,004.64
Closing costs + prepaids$14,789.81
Total buyer cash needed$423,794.45
Remaining funds due$423,794.45
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,750.00
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)$833.25
Initial HOA (3 months)$99.00
Prepaid interest, first (31 days)$632.56
Fees + prepaids$14,789.81
Your down payment is the seller’s equity. You take over the $265,995 balance, so the rest of the $675,000 price is paid at closing. A second mortgage can cover part of it. $423,794.45 is due at closing. Uses and sources reconcile at $689,789.81 each. Not a Closing Disclosure.