Follow the dollars · Assumption only
A complete cash picture for Dec 27, 2026
Your down payment$51,367Cash toward the purchase price.
Closing costs + prepaids$11,158Not just lender fees.
Before credits & paid funds$62,525The complete starting cash picture.
Estimated remaining funds due at closing
$62,525No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$51,367.45
Your down payment$51,367.45
Closing costs + prepaids$11,157.89
Total buyer cash needed$62,525.34
Remaining funds due$62,525.34
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)$943.50
Prepaid interest, first (5 days)$289.39
Fees + prepaids$11,157.89
Your down payment is the seller’s equity. You take over the $318,633 balance, so the rest of the $370,000 price is paid at closing. A second mortgage can cover part of it. $62,525.34 is due at closing. Uses and sources reconcile at $381,157.89 each. Not a Closing Disclosure.