Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$753,015Cash toward the purchase price.
Closing costs + prepaids$25,015Not just lender fees.
Before credits & paid funds$778,030The complete starting cash picture.
Estimated remaining funds due at closing
$778,030No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$753,014.71
Your down payment$753,014.71
Closing costs + prepaids$25,015.36
Total buyer cash needed$778,030.07
Remaining funds due$778,030.07
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$12,500.00
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)$3,125.00
Prepaid interest, first (31 days)$2,165.36
Fees + prepaids$25,015.36
Your down payment is the seller’s equity. You take over the $496,985 balance, so the rest of the $1,250,000 price is paid at closing. A second mortgage can cover part of it. $778,030.07 is due at closing. Uses and sources reconcile at $1,275,015.36 each. Not a Closing Disclosure.