Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$123,975Cash toward the purchase price.
Closing costs + prepaids$15,887Not just lender fees.
Before credits & paid funds$139,862The complete starting cash picture.
Estimated remaining funds due at closing
$139,862No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$123,975.05
Your down payment$123,975.05
Closing costs + prepaids$15,886.92
Total buyer cash needed$139,861.97
Remaining funds due$139,861.97
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
Initial HOA (3 months)$1,602.00
Prepaid interest, first (30 days)$934.92
Fees + prepaids$15,886.92
Your down payment is the seller’s equity. You take over the $426,025 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $139,861.97 is due at closing. Uses and sources reconcile at $565,886.92 each. Not a Closing Disclosure.