Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$45,320Cash toward the purchase price.
Closing costs + prepaids$13,420Not just lender fees.
Before credits & paid funds$58,740The complete starting cash picture.
Estimated remaining funds due at closing
$58,740No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$45,319.70
Your down payment$45,319.70
Closing costs + prepaids$13,420.35
Total buyer cash needed$58,740.05
Remaining funds due$58,740.05
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%)$3,945.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,745.90
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$303.50
Initial HOA (3 months)$750.00
Prepaid interest, first (24 days)$1,457.95
Fees + prepaids$13,420.35
Your down payment is the seller’s equity. You take over the $349,180 balance, so the rest of the $394,500 price is paid at closing. A second mortgage can cover part of it. $58,740.05 is due at closing. Uses and sources reconcile at $407,920.35 each. Not a Closing Disclosure.