Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$259,578Cash toward the purchase price.
Closing costs + prepaids$13,014Not just lender fees.
Before credits & paid funds$272,592The complete starting cash picture.
Estimated remaining funds due at closing
$272,592No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$259,577.60
Your down payment$259,577.60
Closing costs + prepaids$13,014.07
Total buyer cash needed$272,591.67
Remaining funds due$272,591.67
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)$422.50
Prepaid interest, first (27 days)$616.57
Fees + prepaids$13,014.07
Your down payment is the seller’s equity. You take over the $290,422 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $272,591.67 is due at closing. Uses and sources reconcile at $563,014.07 each. Not a Closing Disclosure.