Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$48,049Cash toward the purchase price.
Closing costs + prepaids$12,657Not just lender fees.
Before credits & paid funds$60,706The complete starting cash picture.
Estimated remaining funds due at closing
$60,706No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$48,049.14
Your down payment$48,049.14
Closing costs + prepaids$12,656.86
Total buyer cash needed$60,706.00
Remaining funds due$60,706.00
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%)$2,870.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,194.75
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$814.75
Initial HOA (3 months)$2,088.00
Prepaid interest, first (25 days)$471.36
Fees + prepaids$12,656.86
Your down payment is the seller’s equity. You take over the $238,951 balance, so the rest of the $287,000 price is paid at closing. A second mortgage can cover part of it. $60,706.00 is due at closing. Uses and sources reconcile at $299,656.86 each. Not a Closing Disclosure.