Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$296,375Cash toward the purchase price.
Closing costs + prepaids$10,243Not just lender fees.
Before credits & paid funds$306,618The complete starting cash picture.
Estimated remaining funds due at closing
$306,618No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$296,375.15
Your down payment$296,375.15
Closing costs + prepaids$10,243.33
Total buyer cash needed$306,618.47
Remaining funds due$306,618.47
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%)$3,599.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$317.62
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$899.75
Prepaid interest, first (29 days)$208.95
Fees + prepaids$10,243.33
Your down payment is the seller’s equity. You take over the $63,525 balance, so the rest of the $359,900 price is paid at closing. A second mortgage can cover part of it. $306,618.47 is due at closing. Uses and sources reconcile at $370,143.33 each. Not a Closing Disclosure.