Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$130,638Cash toward the purchase price.
Closing costs + prepaids$13,227Not just lender fees.
Before credits & paid funds$143,865The complete starting cash picture.
Estimated remaining funds due at closing
$143,865No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$130,638.40
Your down payment$130,638.40
Closing costs + prepaids$13,227.07
Total buyer cash needed$143,865.47
Remaining funds due$143,865.47
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)$660.00
Initial HOA (3 months)$195.00
Prepaid interest, first (12 days)$397.07
Fees + prepaids$13,227.07
Your down payment is the seller’s equity. You take over the $419,362 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $143,865.47 is due at closing. Uses and sources reconcile at $563,227.07 each. Not a Closing Disclosure.