Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$357,882Cash toward the purchase price.
Closing costs + prepaids$12,852Not just lender fees.
Before credits & paid funds$370,733The complete starting cash picture.
Estimated remaining funds due at closing
$370,733No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$357,881.71
Your down payment$357,881.71
Closing costs + prepaids$12,851.65
Total buyer cash needed$370,733.36
Remaining funds due$370,733.36
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
Prepaid interest, first (12 days)$216.65
Fees + prepaids$12,851.65
Your down payment is the seller’s equity. You take over the $192,118 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $370,733.36 is due at closing. Uses and sources reconcile at $562,851.65 each. Not a Closing Disclosure.