Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$294,545Cash toward the purchase price.
Closing costs + prepaids$15,977Not just lender fees.
Before credits & paid funds$310,521The complete starting cash picture.
Estimated remaining funds due at closing
$310,521No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$294,544.77
Your down payment$294,544.77
Closing costs + prepaids$15,976.59
Total buyer cash needed$310,521.36
Remaining funds due$310,521.36
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,980.00
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)$837.50
Initial HOA (3 months)$357.00
Prepaid interest, first (18 days)$1,327.09
Fees + prepaids$15,976.59
Your down payment is the seller’s equity. You take over the $403,455 balance, so the rest of the $698,000 price is paid at closing. A second mortgage can cover part of it. $310,521.36 is due at closing. Uses and sources reconcile at $713,976.59 each. Not a Closing Disclosure.