Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$306,722Cash toward the purchase price.
Closing costs + prepaids$13,995Not just lender fees.
Before credits & paid funds$320,717The complete starting cash picture.
Estimated remaining funds due at closing
$320,717No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$306,721.88
Your down payment$306,721.88
Closing costs + prepaids$13,995.44
Total buyer cash needed$320,717.32
Remaining funds due$320,717.32
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)$586.50
Prepaid interest, first (31 days)$1,433.94
Fees + prepaids$13,995.44
Your down payment is the seller’s equity. You take over the $243,278 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $320,717.32 is due at closing. Uses and sources reconcile at $563,995.44 each. Not a Closing Disclosure.