Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$59,380Cash toward the purchase price.
Closing costs + prepaids$11,208Not just lender fees.
Before credits & paid funds$70,588The complete starting cash picture.
Estimated remaining funds due at closing
$70,588No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$59,380.24
Your down payment$59,380.24
Closing costs + prepaids$11,207.82
Total buyer cash needed$70,588.05
Remaining funds due$70,588.05
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%)$2,950.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,178.10
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$682.75
Initial HOA (3 months)$60.00
Prepaid interest, first (27 days)$1,118.97
Fees + prepaids$11,207.82
Your down payment is the seller’s equity. You take over the $235,620 balance, so the rest of the $295,000 price is paid at closing. A second mortgage can cover part of it. $70,588.05 is due at closing. Uses and sources reconcile at $306,207.82 each. Not a Closing Disclosure.