Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$70,462Cash toward the purchase price.
Closing costs + prepaids$13,435Not just lender fees.
Before credits & paid funds$83,897The complete starting cash picture.
Estimated remaining funds due at closing
$83,897No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$70,462.24
Your down payment$70,462.24
Closing costs + prepaids$13,435.00
Total buyer cash needed$83,897.25
Remaining funds due$83,897.25
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)$85.00
Fees + prepaids$13,435.00
Your down payment is the seller’s equity. You take over the $479,538 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $83,897.25 is due at closing. Uses and sources reconcile at $563,435.00 each. Not a Closing Disclosure.