Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$344,981Cash toward the purchase price.
Closing costs + prepaids$24,031Not just lender fees.
Before credits & paid funds$369,011The complete starting cash picture.
Estimated remaining funds due at closing
$369,011No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$344,980.82
Your down payment$344,980.82
Closing costs + prepaids$24,030.61
Total buyer cash needed$369,011.42
Remaining funds due$369,011.42
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%)$10,700.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,625.10
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,315.75
Initial HOA (3 months)$390.00
Prepaid interest, first (26 days)$1,781.76
Fees + prepaids$24,030.61
Your down payment is the seller’s equity. You take over the $725,019 balance, so the rest of the $1,070,000 price is paid at closing. A second mortgage can cover part of it. $369,011.42 is due at closing. Uses and sources reconcile at $1,094,030.61 each. Not a Closing Disclosure.