Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$42,799Cash toward the purchase price.
Closing costs + prepaids$12,193Not just lender fees.
Before credits & paid funds$54,992The complete starting cash picture.
Estimated remaining funds due at closing
$54,992No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$42,799.30
Your down payment$42,799.30
Closing costs + prepaids$12,192.92
Total buyer cash needed$54,992.22
Remaining funds due$54,992.22
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%)$3,540.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,556.00
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$763.50
Initial HOA (3 months)$120.00
Prepaid interest, first (25 days)$995.42
Fees + prepaids$12,192.92
Your down payment is the seller’s equity. You take over the $311,201 balance, so the rest of the $354,000 price is paid at closing. A second mortgage can cover part of it. $54,992.22 is due at closing. Uses and sources reconcile at $366,192.92 each. Not a Closing Disclosure.