Follow the dollars · Assumption only
A complete cash picture for Dec 28, 2026
Your down payment$338,524Cash toward the purchase price.
Closing costs + prepaids$15,376Not just lender fees.
Before credits & paid funds$353,899The complete starting cash picture.
Estimated remaining funds due at closing
$353,899No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$338,523.52
Your down payment$338,523.52
Closing costs + prepaids$15,375.97
Total buyer cash needed$353,899.50
Remaining funds due$353,899.50
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,999.00
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)$1,784.75
Prepaid interest, first (4 days)$117.22
Fees + prepaids$15,375.97
Your down payment is the seller’s equity. You take over the $361,376 balance, so the rest of the $699,900 price is paid at closing. A second mortgage can cover part of it. $353,899.50 is due at closing. Uses and sources reconcile at $715,275.97 each. Not a Closing Disclosure.