Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$141,606Cash toward the purchase price.
Closing costs + prepaids$13,340Not just lender fees.
Before credits & paid funds$154,947The complete starting cash picture.
Estimated remaining funds due at closing
$154,947No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$141,606.14
Your down payment$141,606.14
Closing costs + prepaids$13,340.42
Total buyer cash needed$154,946.56
Remaining funds due$154,946.56
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)$274.50
Prepaid interest, first (30 days)$1,090.92
Fees + prepaids$13,340.42
Your down payment is the seller’s equity. You take over the $408,394 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $154,946.56 is due at closing. Uses and sources reconcile at $563,340.42 each. Not a Closing Disclosure.