Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$54,840Cash toward the purchase price.
Closing costs + prepaids$12,134Not just lender fees.
Before credits & paid funds$66,974The complete starting cash picture.
Estimated remaining funds due at closing
$66,974No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$54,840.26
Your down payment$54,840.26
Closing costs + prepaids$12,133.73
Total buyer cash needed$66,974.00
Remaining funds due$66,974.00
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%)$3,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,475.80
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$537.50
Initial HOA (3 months)$7.50
Prepaid interest, first (25 days)$1,394.93
Fees + prepaids$12,133.73
Your down payment is the seller’s equity. You take over the $295,160 balance, so the rest of the $350,000 price is paid at closing. A second mortgage can cover part of it. $66,974.00 is due at closing. Uses and sources reconcile at $362,133.73 each. Not a Closing Disclosure.