Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$600,220Cash toward the purchase price.
Closing costs + prepaids$17,213Not just lender fees.
Before credits & paid funds$617,433The complete starting cash picture.
Estimated remaining funds due at closing
$617,433No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$600,220.22
Your down payment$600,220.22
Closing costs + prepaids$17,212.68
Total buyer cash needed$617,432.90
Remaining funds due$617,432.90
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$8,750.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,050.00
Prepaid interest, first (9 days)$187.68
Fees + prepaids$17,212.68
Your down payment is the seller’s equity. You take over the $274,780 balance, so the rest of the $875,000 price is paid at closing. A second mortgage can cover part of it. $617,432.90 is due at closing. Uses and sources reconcile at $892,212.68 each. Not a Closing Disclosure.