Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$54,607Cash toward the purchase price.
Closing costs + prepaids$9,492Not just lender fees.
Before credits & paid funds$64,098The complete starting cash picture.
Estimated remaining funds due at closing
$64,098No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$54,606.62
Your down payment$54,606.62
Closing costs + prepaids$9,491.58
Total buyer cash needed$64,098.20
Remaining funds due$64,098.20
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,750.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$330.00
Prepaid interest, first (10 days)$186.58
Fees + prepaids$9,491.58
Your down payment is the seller’s equity. You take over the $220,393 balance, so the rest of the $275,000 price is paid at closing. A second mortgage can cover part of it. $64,098.20 is due at closing. Uses and sources reconcile at $284,491.58 each. Not a Closing Disclosure.