Follow the dollars · Assumption only
A complete cash picture for Dec 13, 2026
Your down payment$375,651Cash toward the purchase price.
Closing costs + prepaids$13,331Not just lender fees.
Before credits & paid funds$388,982The complete starting cash picture.
Estimated remaining funds due at closing
$388,982No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$375,651.44
Your down payment$375,651.44
Closing costs + prepaids$13,330.54
Total buyer cash needed$388,981.97
Remaining funds due$388,981.97
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)$679.50
Initial HOA (3 months)$372.00
Prepaid interest, first (19 days)$304.04
Fees + prepaids$13,330.54
Your down payment is the seller’s equity. You take over the $174,349 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $388,981.97 is due at closing. Uses and sources reconcile at $563,330.54 each. Not a Closing Disclosure.