Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$337,793Cash toward the purchase price.
Closing costs + prepaids$16,177Not just lender fees.
Before credits & paid funds$353,970The complete starting cash picture.
Estimated remaining funds due at closing
$353,970No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$337,793.19
Your down payment$337,793.19
Closing costs + prepaids$16,176.74
Total buyer cash needed$353,969.93
Remaining funds due$353,969.93
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
Initial HOA (3 months)$2,100.00
Prepaid interest, first (25 days)$726.74
Fees + prepaids$16,176.74
Your down payment is the seller’s equity. You take over the $212,207 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $353,969.93 is due at closing. Uses and sources reconcile at $566,176.74 each. Not a Closing Disclosure.