Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$40,255Cash toward the purchase price.
Closing costs + prepaids$15,398Not just lender fees.
Before credits & paid funds$55,653The complete starting cash picture.
Estimated remaining funds due at closing
$55,653No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,255.19
Your down payment$40,255.19
Closing costs + prepaids$15,397.94
Total buyer cash needed$55,653.13
Remaining funds due$55,653.13
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)$561.25
Prepaid interest, first (31 days)$2,861.69
Fees + prepaids$15,397.94
Your down payment is the seller’s equity. You take over the $509,745 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $55,653.13 is due at closing. Uses and sources reconcile at $565,397.94 each. Not a Closing Disclosure.