Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$172,340Cash toward the purchase price.
Closing costs + prepaids$15,132Not just lender fees.
Before credits & paid funds$187,472The complete starting cash picture.
Estimated remaining funds due at closing
$187,472No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$172,340.26
Your down payment$172,340.26
Closing costs + prepaids$15,131.93
Total buyer cash needed$187,472.18
Remaining funds due$187,472.18
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)$826.75
Initial HOA (3 months)$107.01
Prepaid interest, first (9 days)$833.17
Fees + prepaids$15,131.93
Your down payment is the seller’s equity. You take over the $516,660 balance, so the rest of the $689,000 price is paid at closing. A second mortgage can cover part of it. $187,472.18 is due at closing. Uses and sources reconcile at $704,131.93 each. Not a Closing Disclosure.