Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$292,406Cash toward the purchase price.
Closing costs + prepaids$13,716Not just lender fees.
Before credits & paid funds$306,122The complete starting cash picture.
Estimated remaining funds due at closing
$306,122No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$292,406.39
Your down payment$292,406.39
Closing costs + prepaids$13,715.80
Total buyer cash needed$306,122.19
Remaining funds due$306,122.19
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)$433.00
Prepaid interest, first (29 days)$1,307.80
Fees + prepaids$13,715.80
Your down payment is the seller’s equity. You take over the $257,594 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $306,122.19 is due at closing. Uses and sources reconcile at $563,715.80 each. Not a Closing Disclosure.