Follow the dollars · Assumption only
A complete cash picture for Dec 26, 2026
Your down payment$232,173Cash toward the purchase price.
Closing costs + prepaids$13,134Not just lender fees.
Before credits & paid funds$245,307The complete starting cash picture.
Estimated remaining funds due at closing
$245,307No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$232,173.03
Your down payment$232,173.03
Closing costs + prepaids$13,133.75
Total buyer cash needed$245,306.79
Remaining funds due$245,306.79
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)$660.00
Initial HOA (3 months)$330.00
Prepaid interest, first (6 days)$168.75
Fees + prepaids$13,133.75
Your down payment is the seller’s equity. You take over the $317,827 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $245,306.79 is due at closing. Uses and sources reconcile at $563,133.75 each. Not a Closing Disclosure.