Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$300,207Cash toward the purchase price.
Closing costs + prepaids$14,022Not just lender fees.
Before credits & paid funds$314,229The complete starting cash picture.
Estimated remaining funds due at closing
$314,229No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$300,206.73
Your down payment$300,206.73
Closing costs + prepaids$14,021.96
Total buyer cash needed$314,228.70
Remaining funds due$314,228.70
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)$637.50
Initial HOA (3 months)$528.00
Prepaid interest, first (28 days)$881.46
Fees + prepaids$14,021.96
Your down payment is the seller’s equity. You take over the $249,793 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $314,228.70 is due at closing. Uses and sources reconcile at $564,021.96 each. Not a Closing Disclosure.