Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$115,996Cash toward the purchase price.
Closing costs + prepaids$14,580Not just lender fees.
Before credits & paid funds$130,576The complete starting cash picture.
Estimated remaining funds due at closing
$130,576No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$115,996.15
Your down payment$115,996.15
Closing costs + prepaids$14,579.71
Total buyer cash needed$130,575.86
Remaining funds due$130,575.86
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)$545.75
Prepaid interest, first (26 days)$2,058.96
Fees + prepaids$14,579.71
Your down payment is the seller’s equity. You take over the $434,004 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $130,575.86 is due at closing. Uses and sources reconcile at $564,579.71 each. Not a Closing Disclosure.