Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$1,209,161Cash toward the purchase price.
Closing costs + prepaids$25,837Not just lender fees.
Before credits & paid funds$1,234,998The complete starting cash picture.
Estimated remaining funds due at closing
$1,234,998No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,209,160.78
Your down payment$1,209,160.78
Closing costs + prepaids$25,837.34
Total buyer cash needed$1,234,998.13
Remaining funds due$1,234,998.13
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$16,000.00
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)$361.75
Prepaid interest, first (31 days)$2,250.59
Fees + prepaids$25,837.34
Your down payment is the seller’s equity. You take over the $390,839 balance, so the rest of the $1,600,000 price is paid at closing. A second mortgage can cover part of it. $1,234,998.13 is due at closing. Uses and sources reconcile at $1,625,837.34 each. Not a Closing Disclosure.