Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$58,403Cash toward the purchase price.
Closing costs + prepaids$11,643Not just lender fees.
Before credits & paid funds$70,046The complete starting cash picture.
Estimated remaining funds due at closing
$70,046No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$58,403.40
Your down payment$58,403.40
Closing costs + prepaids$11,643.03
Total buyer cash needed$70,046.43
Remaining funds due$70,046.43
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$763.00
Credit report$200.00
Tax service$80.00
UMe assumption specialist (1%)$2,900.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,157.98
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$424.25
Initial HOA (3 months)$1,110.00
Prepaid interest, first (25 days)$832.80
Fees + prepaids$11,643.03
Your down payment is the seller’s equity. You take over the $231,597 balance, so the rest of the $290,000 price is paid at closing. A second mortgage can cover part of it. $70,046.43 is due at closing. Uses and sources reconcile at $301,643.03 each. Not a Closing Disclosure.