Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$10,115Cash toward the purchase price.
Closing costs + prepaids$12,303Not just lender fees.
Before credits & paid funds$22,419The complete starting cash picture.
Estimated remaining funds due at closing
$22,419No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$10,115.40
Your down payment$10,115.40
Closing costs + prepaids$12,303.30
Total buyer cash needed$22,418.70
Remaining funds due$22,418.70
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%)$3,400.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,649.42
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$1,120.75
Initial HOA (3 months)$47.49
Prepaid interest, first (24 days)$867.64
Fees + prepaids$12,303.30
Your down payment is the seller’s equity. You take over the $329,885 balance, so the rest of the $340,000 price is paid at closing. A second mortgage can cover part of it. $22,418.70 is due at closing. Uses and sources reconcile at $352,303.30 each. Not a Closing Disclosure.