Follow the dollars · Assumption only
A complete cash picture for Dec 26, 2026
Your down payment$1,041,997Cash toward the purchase price.
Closing costs + prepaids$21,833Not just lender fees.
Before credits & paid funds$1,063,830The complete starting cash picture.
Estimated remaining funds due at closing
$1,063,830No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,041,997.06
Your down payment$1,041,997.06
Closing costs + prepaids$21,832.81
Total buyer cash needed$1,063,829.88
Remaining funds due$1,063,829.88
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$12,750.00
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)$1,530.00
Initial HOA (3 months)$174.99
Prepaid interest, first (6 days)$152.82
Fees + prepaids$21,832.81
Your down payment is the seller’s equity. You take over the $233,003 balance, so the rest of the $1,275,000 price is paid at closing. A second mortgage can cover part of it. $1,063,829.88 is due at closing. Uses and sources reconcile at $1,296,832.81 each. Not a Closing Disclosure.