Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$224,041Cash toward the purchase price.
Closing costs + prepaids$12,702Not just lender fees.
Before credits & paid funds$236,743The complete starting cash picture.
Estimated remaining funds due at closing
$236,743No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$224,041.45
Your down payment$224,041.45
Closing costs + prepaids$12,701.81
Total buyer cash needed$236,743.25
Remaining funds due$236,743.25
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)$459.00
Initial HOA (3 months)$206.01
Prepaid interest, first (1 days)$61.80
Fees + prepaids$12,701.81
Your down payment is the seller’s equity. You take over the $325,959 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $236,743.25 is due at closing. Uses and sources reconcile at $562,701.81 each. Not a Closing Disclosure.