Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$75,075Cash toward the purchase price.
Closing costs + prepaids$14,882Not just lender fees.
Before credits & paid funds$89,957The complete starting cash picture.
Estimated remaining funds due at closing
$89,957No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$75,075.16
Your down payment$75,075.16
Closing costs + prepaids$14,881.73
Total buyer cash needed$89,956.89
Remaining funds due$89,956.89
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)$1,375.00
Prepaid interest, first (18 days)$1,531.73
Fees + prepaids$14,881.73
Your down payment is the seller’s equity. You take over the $474,925 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $89,956.89 is due at closing. Uses and sources reconcile at $564,881.73 each. Not a Closing Disclosure.