Follow the dollars · Assumption only
A complete cash picture for Dec 11, 2026
Your down payment$348,867Cash toward the purchase price.
Closing costs + prepaids$13,123Not just lender fees.
Before credits & paid funds$361,990The complete starting cash picture.
Estimated remaining funds due at closing
$361,990No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$348,867.46
Your down payment$348,867.46
Closing costs + prepaids$13,122.59
Total buyer cash needed$361,990.05
Remaining funds due$361,990.05
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)$612.75
Initial HOA (3 months)$189.99
Prepaid interest, first (21 days)$344.85
Fees + prepaids$13,122.59
Your down payment is the seller’s equity. You take over the $201,133 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $361,990.05 is due at closing. Uses and sources reconcile at $563,122.59 each. Not a Closing Disclosure.