Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$152,991Cash toward the purchase price.
Closing costs + prepaids$14,073Not just lender fees.
Before credits & paid funds$167,064The complete starting cash picture.
Estimated remaining funds due at closing
$167,064No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$152,990.56
Your down payment$152,990.56
Closing costs + prepaids$14,073.42
Total buyer cash needed$167,063.98
Remaining funds due$167,063.98
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)$883.50
Initial HOA (3 months)$375.00
Prepaid interest, first (27 days)$839.92
Fees + prepaids$14,073.42
Your down payment is the seller’s equity. You take over the $397,009 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $167,063.98 is due at closing. Uses and sources reconcile at $564,073.42 each. Not a Closing Disclosure.