Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$249,010Cash toward the purchase price.
Closing costs + prepaids$13,945Not just lender fees.
Before credits & paid funds$262,956The complete starting cash picture.
Estimated remaining funds due at closing
$262,956No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$249,010.46
Your down payment$249,010.46
Closing costs + prepaids$13,945.24
Total buyer cash needed$262,955.70
Remaining funds due$262,955.70
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)$1,124.00
Initial HOA (3 months)$135.00
Prepaid interest, first (25 days)$711.24
Fees + prepaids$13,945.24
Your down payment is the seller’s equity. You take over the $300,990 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $262,955.70 is due at closing. Uses and sources reconcile at $563,945.24 each. Not a Closing Disclosure.