Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$218,960Cash toward the purchase price.
Closing costs + prepaids$13,375Not just lender fees.
Before credits & paid funds$232,335The complete starting cash picture.
Estimated remaining funds due at closing
$232,335No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$218,959.94
Your down payment$218,959.94
Closing costs + prepaids$13,375.49
Total buyer cash needed$232,335.43
Remaining funds due$232,335.43
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)$1,375.00
Prepaid interest, first (1 days)$25.49
Fees + prepaids$13,375.49
Your down payment is the seller’s equity. You take over the $331,040 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $232,335.43 is due at closing. Uses and sources reconcile at $563,375.49 each. Not a Closing Disclosure.