Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$33,124Cash toward the purchase price.
Closing costs + prepaids$15,754Not just lender fees.
Before credits & paid funds$48,877The complete starting cash picture.
Estimated remaining funds due at closing
$48,877No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$33,123.56
Your down payment$33,123.56
Closing costs + prepaids$15,753.64
Total buyer cash needed$48,877.20
Remaining funds due$48,877.20
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)$906.25
Initial HOA (3 months)$111.00
Prepaid interest, first (30 days)$2,761.39
Fees + prepaids$15,753.64
Your down payment is the seller’s equity. You take over the $516,876 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $48,877.20 is due at closing. Uses and sources reconcile at $565,753.64 each. Not a Closing Disclosure.