Follow the dollars · Assumption only

A complete cash picture for Dec 22, 2026

Buyers Guide
Your down payment$40,486Cash toward the purchase price.
Closing costs + prepaids$10,137Not just lender fees.
Before credits & paid funds$50,623The complete starting cash picture.
Estimated remaining funds due at closing

No credits or earnest money applied yet.

$50,623

Bridge the purchase gap

From the price to what is still due.

Full purchase gap at closing$40,486.50
Your down payment$40,486.50
Closing costs + prepaids$10,136.54
Total buyer cash needed$50,623.03
Remaining funds due$50,623.03

Closing costs, itemized

Fees first, then prepaids and escrow.

Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,089.00
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)$370.75
Initial HOA (3 months)$240.00
Prepaid interest, first (10 days)$211.79
Fees + prepaids$10,136.54

Your down payment is the seller’s equity. You take over the $268,414 balance, so the rest of the $308,900 price is paid at closing. A second mortgage can cover part of it. $50,623.03 is due at closing. Uses and sources reconcile at $319,036.54 each. Not a Closing Disclosure.