Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$50,995Cash toward the purchase price.
Closing costs + prepaids$11,154Not just lender fees.
Before credits & paid funds$62,149The complete starting cash picture.
Estimated remaining funds due at closing
$62,149No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$50,994.88
Your down payment$50,994.88
Closing costs + prepaids$11,154.15
Total buyer cash needed$62,149.03
Remaining funds due$62,149.03
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%)$3,550.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,520.03
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$426.00
Initial HOA (3 months)$210.00
Prepaid interest, first (9 days)$230.13
Fees + prepaids$11,154.15
Your down payment is the seller’s equity. You take over the $304,005 balance, so the rest of the $355,000 price is paid at closing. A second mortgage can cover part of it. $62,149.03 is due at closing. Uses and sources reconcile at $366,154.15 each. Not a Closing Disclosure.