Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$294,366Cash toward the purchase price.
Closing costs + prepaids$10,652Not just lender fees.
Before credits & paid funds$305,017The complete starting cash picture.
Estimated remaining funds due at closing
$305,017No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$294,365.94
Your down payment$294,365.94
Closing costs + prepaids$10,651.52
Total buyer cash needed$305,017.46
Remaining funds due$305,017.46
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%)$4,080.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$568.17
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$480.50
Prepaid interest, first (24 days)$304.85
Fees + prepaids$10,651.52
Your down payment is the seller’s equity. You take over the $113,634 balance, so the rest of the $408,000 price is paid at closing. A second mortgage can cover part of it. $305,017.46 is due at closing. Uses and sources reconcile at $418,651.52 each. Not a Closing Disclosure.