Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$49,825Cash toward the purchase price.
Closing costs + prepaids$11,226Not just lender fees.
Before credits & paid funds$61,051The complete starting cash picture.
Estimated remaining funds due at closing
$61,051No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$49,824.80
Your down payment$49,824.80
Closing costs + prepaids$11,226.16
Total buyer cash needed$61,050.96
Remaining funds due$61,050.96
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%)$2,970.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,235.88
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$822.00
Initial HOA (3 months)$1.74
Prepaid interest, first (25 days)$978.54
Fees + prepaids$11,226.16
Your down payment is the seller’s equity. You take over the $247,175 balance, so the rest of the $297,000 price is paid at closing. A second mortgage can cover part of it. $61,050.96 is due at closing. Uses and sources reconcile at $308,226.16 each. Not a Closing Disclosure.