Follow the dollars · Assumption only
A complete cash picture for Dec 26, 2026
Your down payment$171,004Cash toward the purchase price.
Closing costs + prepaids$14,000Not just lender fees.
Before credits & paid funds$185,003The complete starting cash picture.
Estimated remaining funds due at closing
$185,003No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$171,003.61
Your down payment$171,003.61
Closing costs + prepaids$13,999.65
Total buyer cash needed$185,003.25
Remaining funds due$185,003.25
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,250.00
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)$750.00
Prepaid interest, first (6 days)$524.65
Fees + prepaids$13,999.65
Your down payment is the seller’s equity. You take over the $453,996 balance, so the rest of the $625,000 price is paid at closing. A second mortgage can cover part of it. $185,003.25 is due at closing. Uses and sources reconcile at $638,999.65 each. Not a Closing Disclosure.