Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$260,516Cash toward the purchase price.
Closing costs + prepaids$13,657Not just lender fees.
Before credits & paid funds$274,172The complete starting cash picture.
Estimated remaining funds due at closing
$274,172No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$260,515.63
Your down payment$260,515.63
Closing costs + prepaids$13,656.56
Total buyer cash needed$274,172.19
Remaining funds due$274,172.19
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)$912.25
Prepaid interest, first (25 days)$769.31
Fees + prepaids$13,656.56
Your down payment is the seller’s equity. You take over the $289,484 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $274,172.19 is due at closing. Uses and sources reconcile at $563,656.56 each. Not a Closing Disclosure.