Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$89,291Cash toward the purchase price.
Closing costs + prepaids$13,579Not just lender fees.
Before credits & paid funds$102,870The complete starting cash picture.
Estimated remaining funds due at closing
$102,870No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$89,291.33
Your down payment$89,291.33
Closing costs + prepaids$13,578.72
Total buyer cash needed$102,870.05
Remaining funds due$102,870.05
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)$456.00
Prepaid interest, first (12 days)$487.72
Fees + prepaids$13,578.72
Your down payment is the seller’s equity. You take over the $460,709 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $102,870.05 is due at closing. Uses and sources reconcile at $563,578.72 each. Not a Closing Disclosure.