Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$105,580Cash toward the purchase price.
Closing costs + prepaids$11,245Not just lender fees.
Before credits & paid funds$116,826The complete starting cash picture.
Estimated remaining funds due at closing
$116,826No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$105,580.22
Your down payment$105,580.22
Closing costs + prepaids$11,245.38
Total buyer cash needed$116,825.60
Remaining funds due$116,825.60
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%)$3,480.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,212.10
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$288.25
Initial HOA (3 months)$630.00
Prepaid interest, first (23 days)$417.03
Fees + prepaids$11,245.38
Your down payment is the seller’s equity. You take over the $242,420 balance, so the rest of the $348,000 price is paid at closing. A second mortgage can cover part of it. $116,825.60 is due at closing. Uses and sources reconcile at $359,245.38 each. Not a Closing Disclosure.