Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$85,014Cash toward the purchase price.
Closing costs + prepaids$12,804Not just lender fees.
Before credits & paid funds$97,818The complete starting cash picture.
Estimated remaining funds due at closing
$97,818No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$85,014.37
Your down payment$85,014.37
Closing costs + prepaids$12,803.88
Total buyer cash needed$97,818.25
Remaining funds due$97,818.25
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)$632.75
Initial HOA (3 months)$110.01
Prepaid interest, first (1 days)$86.12
Fees + prepaids$12,803.88
Your down payment is the seller’s equity. You take over the $464,986 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $97,818.25 is due at closing. Uses and sources reconcile at $562,803.88 each. Not a Closing Disclosure.