Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$353,206Cash toward the purchase price.
Closing costs + prepaids$13,825Not just lender fees.
Before credits & paid funds$367,031The complete starting cash picture.
Estimated remaining funds due at closing
$367,031No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$353,206.29
Your down payment$353,206.29
Closing costs + prepaids$13,824.89
Total buyer cash needed$367,031.18
Remaining funds due$367,031.18
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 (24 days)$474.89
Fees + prepaids$13,824.89
Your down payment is the seller’s equity. You take over the $196,794 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $367,031.18 is due at closing. Uses and sources reconcile at $563,824.89 each. Not a Closing Disclosure.