Follow the dollars · Assumption only

A complete cash picture for Dec 23, 2026

Buyers Guide
Your down payment$56,154Cash toward the purchase price.
Closing costs + prepaids$10,776Not just lender fees.
Before credits & paid funds$66,931The complete starting cash picture.
Estimated remaining funds due at closing

No credits or earnest money applied yet.

$66,931

Bridge the purchase gap

From the price to what is still due.

Full purchase gap at closing$56,154.50
Your down payment$56,154.50
Closing costs + prepaids$10,776.42
Total buyer cash needed$66,930.92
Remaining funds due$66,930.92

Closing costs, itemized

Fees first, then prepaids and escrow.

Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,700.00
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)$444.00
Initial HOA (3 months)$183.00
Prepaid interest, first (9 days)$224.42
Fees + prepaids$10,776.42

Your down payment is the seller’s equity. You take over the $313,846 balance, so the rest of the $370,000 price is paid at closing. A second mortgage can cover part of it. $66,930.92 is due at closing. Uses and sources reconcile at $380,776.42 each. Not a Closing Disclosure.