Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$62,377Cash toward the purchase price.
Closing costs + prepaids$11,878Not just lender fees.
Before credits & paid funds$74,254The complete starting cash picture.
Estimated remaining funds due at closing
$74,254No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$62,376.97
Your down payment$62,376.97
Closing costs + prepaids$11,877.51
Total buyer cash needed$74,254.48
Remaining funds due$74,254.48
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%)$2,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,113.12
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$1,827.25
Prepaid interest, first (25 days)$869.14
Fees + prepaids$11,877.51
Your down payment is the seller’s equity. You take over the $222,623 balance, so the rest of the $285,000 price is paid at closing. A second mortgage can cover part of it. $74,254.48 is due at closing. Uses and sources reconcile at $296,877.51 each. Not a Closing Disclosure.