Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$374,979Cash toward the purchase price.
Closing costs + prepaids$13,043Not just lender fees.
Before credits & paid funds$388,022The complete starting cash picture.
Estimated remaining funds due at closing
$388,022No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$374,979.39
Your down payment$374,979.39
Closing costs + prepaids$13,042.56
Total buyer cash needed$388,021.96
Remaining funds due$388,021.96
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 (1 days)$16.06
Fees + prepaids$13,042.56
Your down payment is the seller’s equity. You take over the $175,021 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $388,021.96 is due at closing. Uses and sources reconcile at $563,042.56 each. Not a Closing Disclosure.