Follow the dollars · Assumption only
A complete cash picture for Dec 12, 2026
Your down payment$356,746Cash toward the purchase price.
Closing costs + prepaids$14,146Not just lender fees.
Before credits & paid funds$370,893The complete starting cash picture.
Estimated remaining funds due at closing
$370,893No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$356,746.36
Your down payment$356,746.36
Closing costs + prepaids$14,146.37
Total buyer cash needed$370,892.74
Remaining funds due$370,892.74
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,890.00
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)$288.00
Prepaid interest, first (20 days)$493.37
Fees + prepaids$14,146.37
Your down payment is the seller’s equity. You take over the $332,254 balance, so the rest of the $689,000 price is paid at closing. A second mortgage can cover part of it. $370,892.74 is due at closing. Uses and sources reconcile at $703,146.37 each. Not a Closing Disclosure.