Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$44,071Cash toward the purchase price.
Closing costs + prepaids$12,345Not just lender fees.
Before credits & paid funds$56,416The complete starting cash picture.
Estimated remaining funds due at closing
$56,416No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$44,071.00
Your down payment$44,071.00
Closing costs + prepaids$12,345.05
Total buyer cash needed$56,416.05
Remaining funds due$56,416.05
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%)$3,450.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,504.64
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$862.50
Prepaid interest, first (24 days)$1,309.91
Fees + prepaids$12,345.05
Your down payment is the seller’s equity. You take over the $300,929 balance, so the rest of the $345,000 price is paid at closing. A second mortgage can cover part of it. $56,416.05 is due at closing. Uses and sources reconcile at $357,345.05 each. Not a Closing Disclosure.