Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$180,759Cash toward the purchase price.
Closing costs + prepaids$15,062Not just lender fees.
Before credits & paid funds$195,821The complete starting cash picture.
Estimated remaining funds due at closing
$195,821No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$180,758.90
Your down payment$180,758.90
Closing costs + prepaids$15,062.38
Total buyer cash needed$195,821.28
Remaining funds due$195,821.28
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)$2,120.50
Initial HOA (3 months)$150.00
Prepaid interest, first (25 days)$816.88
Fees + prepaids$15,062.38
Your down payment is the seller’s equity. You take over the $369,241 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $195,821.28 is due at closing. Uses and sources reconcile at $565,062.38 each. Not a Closing Disclosure.