Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$390,274Cash toward the purchase price.
Closing costs + prepaids$16,475Not just lender fees.
Before credits & paid funds$406,749The complete starting cash picture.
Estimated remaining funds due at closing
$406,749No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$390,273.69
Your down payment$390,273.69
Closing costs + prepaids$16,474.88
Total buyer cash needed$406,748.57
Remaining funds due$406,748.57
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)$2,848.75
Initial HOA (3 months)$870.00
Prepaid interest, first (30 days)$781.13
Fees + prepaids$16,474.88
Your down payment is the seller’s equity. You take over the $159,726 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $406,748.57 is due at closing. Uses and sources reconcile at $566,474.88 each. Not a Closing Disclosure.