Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$280,724Cash toward the purchase price.
Closing costs + prepaids$14,109Not just lender fees.
Before credits & paid funds$294,833The complete starting cash picture.
Estimated remaining funds due at closing
$294,833No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$280,724.28
Your down payment$280,724.28
Closing costs + prepaids$14,109.08
Total buyer cash needed$294,833.37
Remaining funds due$294,833.37
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,550.00
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)$1,804.50
Initial HOA (3 months)$249.00
Prepaid interest, first (1 days)$30.58
Fees + prepaids$14,109.08
Your down payment is the seller’s equity. You take over the $274,276 balance, so the rest of the $555,000 price is paid at closing. A second mortgage can cover part of it. $294,833.37 is due at closing. Uses and sources reconcile at $569,109.08 each. Not a Closing Disclosure.