Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$109,692Cash toward the purchase price.
Closing costs + prepaids$12,679Not just lender fees.
Before credits & paid funds$122,372The complete starting cash picture.
Estimated remaining funds due at closing
$122,372No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$109,692.34
Your down payment$109,692.34
Closing costs + prepaids$12,679.22
Total buyer cash needed$122,371.56
Remaining funds due$122,371.56
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)$477.50
Initial HOA (3 months)$150.00
Prepaid interest, first (1 days)$76.72
Fees + prepaids$12,679.22
Your down payment is the seller’s equity. You take over the $440,308 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $122,371.56 is due at closing. Uses and sources reconcile at $562,679.22 each. Not a Closing Disclosure.