Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$282,374Cash toward the purchase price.
Closing costs + prepaids$13,410Not just lender fees.
Before credits & paid funds$295,784The complete starting cash picture.
Estimated remaining funds due at closing
$295,784No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$282,373.77
Your down payment$282,373.77
Closing costs + prepaids$13,410.47
Total buyer cash needed$295,784.23
Remaining funds due$295,784.23
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)$534.00
Initial HOA (3 months)$15.00
Prepaid interest, first (26 days)$886.47
Fees + prepaids$13,410.47
Your down payment is the seller’s equity. You take over the $267,626 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $295,784.23 is due at closing. Uses and sources reconcile at $563,410.47 each. Not a Closing Disclosure.