Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$73,331Cash toward the purchase price.
Closing costs + prepaids$14,963Not just lender fees.
Before credits & paid funds$88,294The complete starting cash picture.
Estimated remaining funds due at closing
$88,294No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$73,331.13
Your down payment$73,331.13
Closing costs + prepaids$14,963.35
Total buyer cash needed$88,294.49
Remaining funds due$88,294.49
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)$304.25
Prepaid interest, first (31 days)$2,684.10
Fees + prepaids$14,963.35
Your down payment is the seller’s equity. You take over the $476,669 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $88,294.49 is due at closing. Uses and sources reconcile at $564,963.35 each. Not a Closing Disclosure.