Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$85,455Cash toward the purchase price.
Closing costs + prepaids$15,041Not just lender fees.
Before credits & paid funds$100,496The complete starting cash picture.
Estimated remaining funds due at closing
$100,496No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$85,454.97
Your down payment$85,454.97
Closing costs + prepaids$15,040.74
Total buyer cash needed$100,495.71
Remaining funds due$100,495.71
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 (27 days)$2,322.98
Fees + prepaids$15,040.74
Your down payment is the seller’s equity. You take over the $464,545 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $100,495.71 is due at closing. Uses and sources reconcile at $565,040.74 each. Not a Closing Disclosure.