Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$58,697Cash toward the purchase price.
Closing costs + prepaids$14,154Not just lender fees.
Before credits & paid funds$72,850The complete starting cash picture.
Estimated remaining funds due at closing
$72,850No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$58,696.58
Your down payment$58,696.58
Closing costs + prepaids$14,153.62
Total buyer cash needed$72,850.20
Remaining funds due$72,850.20
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)$105.75
Initial HOA (3 months)$624.00
Prepaid interest, first (18 days)$1,448.87
Fees + prepaids$14,153.62
Your down payment is the seller’s equity. You take over the $491,303 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $72,850.20 is due at closing. Uses and sources reconcile at $564,153.62 each. Not a Closing Disclosure.