Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$296,397Cash toward the purchase price.
Closing costs + prepaids$16,320Not just lender fees.
Before credits & paid funds$312,718The complete starting cash picture.
Estimated remaining funds due at closing
$312,718No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$296,397.43
Your down payment$296,397.43
Closing costs + prepaids$16,320.50
Total buyer cash needed$312,717.93
Remaining funds due$312,717.93
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%)$6,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,768.01
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,862.75
Prepaid interest, first (25 days)$721.74
Fees + prepaids$16,320.50
Your down payment is the seller’s equity. You take over the $353,603 balance, so the rest of the $650,000 price is paid at closing. A second mortgage can cover part of it. $312,717.93 is due at closing. Uses and sources reconcile at $666,320.50 each. Not a Closing Disclosure.