Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$274,503Cash toward the purchase price.
Closing costs + prepaids$10,623Not just lender fees.
Before credits & paid funds$285,125The complete starting cash picture.
Estimated remaining funds due at closing
$285,125No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$274,502.70
Your down payment$274,502.70
Closing costs + prepaids$10,622.66
Total buyer cash needed$285,125.36
Remaining funds due$285,125.36
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%)$3,600.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$427.49
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$330.75
Initial HOA (3 months)$825.00
Prepaid interest, first (23 days)$221.43
Fees + prepaids$10,622.66
Your down payment is the seller’s equity. You take over the $85,497 balance, so the rest of the $360,000 price is paid at closing. A second mortgage can cover part of it. $285,125.36 is due at closing. Uses and sources reconcile at $370,622.66 each. Not a Closing Disclosure.