Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$160,522Cash toward the purchase price.
Closing costs + prepaids$15,230Not just lender fees.
Before credits & paid funds$175,752The complete starting cash picture.
Estimated remaining funds due at closing
$175,752No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$160,521.97
Your down payment$160,521.97
Closing costs + prepaids$15,230.15
Total buyer cash needed$175,752.11
Remaining funds due$175,752.11
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)$1,556.50
Initial HOA (3 months)$495.00
Prepaid interest, first (30 days)$1,203.65
Fees + prepaids$15,230.15
Your down payment is the seller’s equity. You take over the $389,478 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $175,752.11 is due at closing. Uses and sources reconcile at $565,230.15 each. Not a Closing Disclosure.