Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$62,136Cash toward the purchase price.
Closing costs + prepaids$12,279Not just lender fees.
Before credits & paid funds$74,415The complete starting cash picture.
Estimated remaining funds due at closing
$74,415No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$62,135.90
Your down payment$62,135.90
Closing costs + prepaids$12,278.60
Total buyer cash needed$74,414.50
Remaining funds due$74,414.50
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%)$3,600.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,489.32
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$318.75
Prepaid interest, first (27 days)$1,652.53
Fees + prepaids$12,278.60
Your down payment is the seller’s equity. You take over the $297,864 balance, so the rest of the $360,000 price is paid at closing. A second mortgage can cover part of it. $74,414.50 is due at closing. Uses and sources reconcile at $372,278.60 each. Not a Closing Disclosure.