Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$340,902Cash toward the purchase price.
Closing costs + prepaids$13,473Not just lender fees.
Before credits & paid funds$354,374The complete starting cash picture.
Estimated remaining funds due at closing
$354,374No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$340,901.73
Your down payment$340,901.73
Closing costs + prepaids$13,472.50
Total buyer cash needed$354,374.23
Remaining funds due$354,374.23
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%)$5,610.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,100.49
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$777.50
Initial HOA (3 months)$222.00
Prepaid interest, first (22 days)$294.51
Fees + prepaids$13,472.50
Your down payment is the seller’s equity. You take over the $220,098 balance, so the rest of the $561,000 price is paid at closing. A second mortgage can cover part of it. $354,374.23 is due at closing. Uses and sources reconcile at $574,472.50 each. Not a Closing Disclosure.