Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$60,647Cash toward the purchase price.
Closing costs + prepaids$10,046Not just lender fees.
Before credits & paid funds$70,692The complete starting cash picture.
Estimated remaining funds due at closing
$70,692No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$60,646.71
Your down payment$60,646.71
Closing costs + prepaids$10,045.59
Total buyer cash needed$70,692.31
Remaining funds due$70,692.31
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%)$2,849.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,121.27
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$416.50
Prepaid interest, first (25 days)$440.83
Fees + prepaids$10,045.59
Your down payment is the seller’s equity. You take over the $224,253 balance, so the rest of the $284,900 price is paid at closing. A second mortgage can cover part of it. $70,692.31 is due at closing. Uses and sources reconcile at $294,945.59 each. Not a Closing Disclosure.