Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$87,818Cash toward the purchase price.
Closing costs + prepaids$15,592Not just lender fees.
Before credits & paid funds$103,410The complete starting cash picture.
Estimated remaining funds due at closing
$103,410No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$87,818.45
Your down payment$87,818.45
Closing costs + prepaids$15,592.02
Total buyer cash needed$103,410.47
Remaining funds due$103,410.47
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)$1,375.00
Prepaid interest, first (26 days)$2,242.02
Fees + prepaids$15,592.02
Your down payment is the seller’s equity. You take over the $462,182 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $103,410.47 is due at closing. Uses and sources reconcile at $565,592.02 each. Not a Closing Disclosure.