Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$48,191Cash toward the purchase price.
Closing costs + prepaids$12,023Not just lender fees.
Before credits & paid funds$60,214The complete starting cash picture.
Estimated remaining funds due at closing
$60,214No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$48,191.02
Your down payment$48,191.02
Closing costs + prepaids$12,023.21
Total buyer cash needed$60,214.23
Remaining funds due$60,214.23
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%)$3,450.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,484.04
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$428.00
Initial HOA (3 months)$300.00
Prepaid interest, first (22 days)$1,143.16
Fees + prepaids$12,023.21
Your down payment is the seller’s equity. You take over the $296,809 balance, so the rest of the $345,000 price is paid at closing. A second mortgage can cover part of it. $60,214.23 is due at closing. Uses and sources reconcile at $357,023.21 each. Not a Closing Disclosure.