Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$88,008Cash toward the purchase price.
Closing costs + prepaids$15,034Not just lender fees.
Before credits & paid funds$103,042The complete starting cash picture.
Estimated remaining funds due at closing
$103,042No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$88,007.61
Your down payment$88,007.61
Closing costs + prepaids$15,034.45
Total buyer cash needed$103,042.06
Remaining funds due$103,042.06
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,499.00
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)$778.00
Initial HOA (3 months)$363.00
Prepaid interest, first (24 days)$1,919.45
Fees + prepaids$15,034.45
Your down payment is the seller’s equity. You take over the $461,892 balance, so the rest of the $549,900 price is paid at closing. A second mortgage can cover part of it. $103,042.06 is due at closing. Uses and sources reconcile at $564,934.45 each. Not a Closing Disclosure.