Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$6,949Cash toward the purchase price.
Closing costs + prepaids$14,445Not just lender fees.
Before credits & paid funds$21,394The complete starting cash picture.
Estimated remaining funds due at closing
$21,394No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$6,948.89
Your down payment$6,948.89
Closing costs + prepaids$14,444.71
Total buyer cash needed$21,393.59
Remaining funds due$21,393.59
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%)$3,420.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,675.26
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$2,461.00
Initial HOA (3 months)$201.00
Prepaid interest, first (24 days)$1,469.45
Fees + prepaids$14,444.71
Your down payment is the seller’s equity. You take over the $335,051 balance, so the rest of the $342,000 price is paid at closing. A second mortgage can cover part of it. $21,393.59 is due at closing. Uses and sources reconcile at $356,444.71 each. Not a Closing Disclosure.