Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$308,012Cash toward the purchase price.
Closing costs + prepaids$12,847Not just lender fees.
Before credits & paid funds$320,859The complete starting cash picture.
Estimated remaining funds due at closing
$320,859No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$308,012.28
Your down payment$308,012.28
Closing costs + prepaids$12,846.67
Total buyer cash needed$320,858.95
Remaining funds due$320,858.95
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%)$5,250.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,084.94
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$178.25
Initial HOA (3 months)$339.00
Prepaid interest, first (24 days)$526.48
Fees + prepaids$12,846.67
Your down payment is the seller’s equity. You take over the $216,988 balance, so the rest of the $525,000 price is paid at closing. A second mortgage can cover part of it. $320,858.95 is due at closing. Uses and sources reconcile at $537,846.67 each. Not a Closing Disclosure.