Follow the dollars · Assumption only
A complete cash picture for Dec 11, 2026
Your down payment$62,304Cash toward the purchase price.
Closing costs + prepaids$12,000Not just lender fees.
Before credits & paid funds$74,304The complete starting cash picture.
Estimated remaining funds due at closing
$74,304No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$62,304.33
Your down payment$62,304.33
Closing costs + prepaids$12,000.14
Total buyer cash needed$74,304.47
Remaining funds due$74,304.47
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,650.00
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)$687.75
Initial HOA (3 months)$180.00
Prepaid interest, first (21 days)$1,257.39
Fees + prepaids$12,000.14
Your down payment is the seller’s equity. You take over the $302,696 balance, so the rest of the $365,000 price is paid at closing. A second mortgage can cover part of it. $74,304.47 is due at closing. Uses and sources reconcile at $377,000.14 each. Not a Closing Disclosure.