Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$378,907Cash toward the purchase price.
Closing costs + prepaids$13,785Not just lender fees.
Before credits & paid funds$392,692The complete starting cash picture.
Estimated remaining funds due at closing
$392,692No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$378,907.05
Your down payment$378,907.05
Closing costs + prepaids$13,785.37
Total buyer cash needed$392,692.42
Remaining funds due$392,692.42
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)$435.37
Fees + prepaids$13,785.37
Your down payment is the seller’s equity. You take over the $171,093 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $392,692.42 is due at closing. Uses and sources reconcile at $563,785.37 each. Not a Closing Disclosure.