Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$59,974Cash toward the purchase price.
Closing costs + prepaids$12,429Not just lender fees.
Before credits & paid funds$72,403The complete starting cash picture.
Estimated remaining funds due at closing
$72,403No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$59,974.05
Your down payment$59,974.05
Closing costs + prepaids$12,429.00
Total buyer cash needed$72,403.05
Remaining funds due$72,403.05
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%)$3,499.90
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,450.08
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$285.25
Initial HOA (3 months)$627.00
Prepaid interest, first (25 days)$1,348.77
Fees + prepaids$12,429.00
Your down payment is the seller’s equity. You take over the $290,016 balance, so the rest of the $349,990 price is paid at closing. A second mortgage can cover part of it. $72,403.05 is due at closing. Uses and sources reconcile at $362,419.00 each. Not a Closing Disclosure.