Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$223,604Cash toward the purchase price.
Closing costs + prepaids$15,356Not just lender fees.
Before credits & paid funds$238,960The complete starting cash picture.
Estimated remaining funds due at closing
$238,960No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$223,604.02
Your down payment$223,604.02
Closing costs + prepaids$15,356.14
Total buyer cash needed$238,960.16
Remaining funds due$238,960.16
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)$840.00
Initial HOA (3 months)$99.99
Prepaid interest, first (10 days)$942.15
Fees + prepaids$15,356.14
Your down payment is the seller’s equity. You take over the $476,296 balance, so the rest of the $699,900 price is paid at closing. A second mortgage can cover part of it. $238,960.16 is due at closing. Uses and sources reconcile at $715,256.14 each. Not a Closing Disclosure.