Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$110,233Cash toward the purchase price.
Closing costs + prepaids$14,978Not just lender fees.
Before credits & paid funds$125,211The complete starting cash picture.
Estimated remaining funds due at closing
$125,211No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$110,233.26
Your down payment$110,233.26
Closing costs + prepaids$14,977.96
Total buyer cash needed$125,211.22
Remaining funds due$125,211.22
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)$477.50
Initial HOA (3 months)$150.00
Prepaid interest, first (31 days)$2,375.46
Fees + prepaids$14,977.96
Your down payment is the seller’s equity. You take over the $439,767 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $125,211.22 is due at closing. Uses and sources reconcile at $564,977.96 each. Not a Closing Disclosure.