Follow the dollars · Assumption only
A complete cash picture for Dec 12, 2026
Your down payment$54,607Cash toward the purchase price.
Closing costs + prepaids$9,543Not just lender fees.
Before credits & paid funds$64,150The complete starting cash picture.
Estimated remaining funds due at closing
$64,150No 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$9,543.16
Total buyer cash needed$64,149.78
Remaining funds due$64,149.78
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)$195.00
Prepaid interest, first (20 days)$373.16
Fees + prepaids$9,543.16
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. $64,149.78 is due at closing. Uses and sources reconcile at $284,543.16 each. Not a Closing Disclosure.