Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$340,346Cash toward the purchase price.
Closing costs + prepaids$15,245Not just lender fees.
Before credits & paid funds$355,591The complete starting cash picture.
Estimated remaining funds due at closing
$355,591No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$340,345.98
Your down payment$340,345.98
Closing costs + prepaids$15,244.63
Total buyer cash needed$355,590.61
Remaining funds due$355,590.61
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%)$6,249.50
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,423.02
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,562.50
Prepaid interest, first (23 days)$541.61
Fees + prepaids$15,244.63
Your down payment is the seller’s equity. You take over the $284,604 balance, so the rest of the $624,950 price is paid at closing. A second mortgage can cover part of it. $355,590.61 is due at closing. Uses and sources reconcile at $640,194.63 each. Not a Closing Disclosure.