Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$348,821Cash toward the purchase price.
Closing costs + prepaids$15,995Not just lender fees.
Before credits & paid funds$364,816The complete starting cash picture.
Estimated remaining funds due at closing
$364,816No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$348,820.83
Your down payment$348,820.83
Closing costs + prepaids$15,995.13
Total buyer cash needed$364,815.96
Remaining funds due$364,815.96
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%)$6,499.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,505.40
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,799.50
Initial HOA (3 months)$143.76
Prepaid interest, first (25 days)$579.47
Fees + prepaids$15,995.13
Your down payment is the seller’s equity. You take over the $301,079 balance, so the rest of the $649,900 price is paid at closing. A second mortgage can cover part of it. $364,815.96 is due at closing. Uses and sources reconcile at $665,895.13 each. Not a Closing Disclosure.