Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$333,321Cash toward the purchase price.
Closing costs + prepaids$15,548Not just lender fees.
Before credits & paid funds$348,870The complete starting cash picture.
Estimated remaining funds due at closing
$348,870No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$333,321.33
Your down payment$333,321.33
Closing costs + prepaids$15,548.40
Total buyer cash needed$348,869.73
Remaining funds due$348,869.73
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)$1,851.00
Prepaid interest, first (22 days)$347.40
Fees + prepaids$15,548.40
Your down payment is the seller’s equity. You take over the $216,679 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $348,869.73 is due at closing. Uses and sources reconcile at $565,548.40 each. Not a Closing Disclosure.