Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$295,629Cash toward the purchase price.
Closing costs + prepaids$15,555Not just lender fees.
Before credits & paid funds$311,184The complete starting cash picture.
Estimated remaining funds due at closing
$311,184No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$295,629.23
Your down payment$295,629.23
Closing costs + prepaids$15,554.83
Total buyer cash needed$311,184.06
Remaining funds due$311,184.06
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%)$6,249.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,646.35
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,562.25
Prepaid interest, first (25 days)$629.22
Fees + prepaids$15,554.83
Your down payment is the seller’s equity. You take over the $329,271 balance, so the rest of the $624,900 price is paid at closing. A second mortgage can cover part of it. $311,184.06 is due at closing. Uses and sources reconcile at $640,454.83 each. Not a Closing Disclosure.