Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$354,582Cash toward the purchase price.
Closing costs + prepaids$15,553Not just lender fees.
Before credits & paid funds$370,135The complete starting cash picture.
Estimated remaining funds due at closing
$370,135No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$354,582.31
Your down payment$354,582.31
Closing costs + prepaids$15,552.94
Total buyer cash needed$370,135.25
Remaining funds due$370,135.25
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%)$6,099.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,276.59
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,524.75
Initial HOA (3 months)$669.00
Prepaid interest, first (27 days)$515.60
Fees + prepaids$15,552.94
Your down payment is the seller’s equity. You take over the $255,318 balance, so the rest of the $609,900 price is paid at closing. A second mortgage can cover part of it. $370,135.25 is due at closing. Uses and sources reconcile at $625,452.94 each. Not a Closing Disclosure.