Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$351,967Cash toward the purchase price.
Closing costs + prepaids$12,675Not just lender fees.
Before credits & paid funds$364,642The complete starting cash picture.
Estimated remaining funds due at closing
$364,642No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$351,967.16
Your down payment$351,967.16
Closing costs + prepaids$12,674.66
Total buyer cash needed$364,641.82
Remaining funds due$364,641.82
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,500.00
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)$327.25
Prepaid interest, first (24 days)$372.41
Fees + prepaids$12,674.66
Your down payment is the seller’s equity. You take over the $198,033 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $364,641.82 is due at closing. Uses and sources reconcile at $562,674.66 each. Not a Closing Disclosure.