Follow the dollars · Assumption only
A complete cash picture for Dec 26, 2026
Your down payment$1,164,880Cash toward the purchase price.
Closing costs + prepaids$24,953Not just lender fees.
Before credits & paid funds$1,189,833The complete starting cash picture.
Estimated remaining funds due at closing
$1,189,833No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,164,880.05
Your down payment$1,164,880.05
Closing costs + prepaids$24,952.85
Total buyer cash needed$1,189,832.90
Remaining funds due$1,189,832.90
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$15,400.00
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)$1,848.00
Initial HOA (3 months)$237.51
Prepaid interest, first (6 days)$242.34
Fees + prepaids$24,952.85
Your down payment is the seller’s equity. You take over the $375,120 balance, so the rest of the $1,540,000 price is paid at closing. A second mortgage can cover part of it. $1,189,832.90 is due at closing. Uses and sources reconcile at $1,564,952.85 each. Not a Closing Disclosure.