Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$224,221Cash toward the purchase price.
Closing costs + prepaids$14,725Not just lender fees.
Before credits & paid funds$238,945The complete starting cash picture.
Estimated remaining funds due at closing
$238,945No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$224,220.52
Your down payment$224,220.52
Closing costs + prepaids$14,724.76
Total buyer cash needed$238,945.28
Remaining funds due$238,945.28
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)$1,344.00
Prepaid interest, first (30 days)$1,405.76
Fees + prepaids$14,724.76
Your down payment is the seller’s equity. You take over the $325,779 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $238,945.28 is due at closing. Uses and sources reconcile at $564,724.76 each. Not a Closing Disclosure.