Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$340,104Cash toward the purchase price.
Closing costs + prepaids$14,855Not just lender fees.
Before credits & paid funds$354,959The complete starting cash picture.
Estimated remaining funds due at closing
$354,959No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$340,103.61
Your down payment$340,103.61
Closing costs + prepaids$14,855.49
Total buyer cash needed$354,959.10
Remaining funds due$354,959.10
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%)$6,299.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,448.98
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$325.50
Prepaid interest, first (25 days)$1,314.01
Fees + prepaids$14,855.49
Your down payment is the seller’s equity. You take over the $289,796 balance, so the rest of the $629,900 price is paid at closing. A second mortgage can cover part of it. $354,959.10 is due at closing. Uses and sources reconcile at $644,755.49 each. Not a Closing Disclosure.