Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$341,814Cash toward the purchase price.
Closing costs + prepaids$15,534Not just lender fees.
Before credits & paid funds$357,349The complete starting cash picture.
Estimated remaining funds due at closing
$357,349No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$341,814.48
Your down payment$341,814.48
Closing costs + prepaids$15,534.34
Total buyer cash needed$357,348.82
Remaining funds due$357,348.82
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)$1,611.00
Prepaid interest, first (28 days)$573.34
Fees + prepaids$15,534.34
Your down payment is the seller’s equity. You take over the $208,186 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $357,348.82 is due at closing. Uses and sources reconcile at $565,534.34 each. Not a Closing Disclosure.