Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$62,206Cash toward the purchase price.
Closing costs + prepaids$10,811Not just lender fees.
Before credits & paid funds$73,017The complete starting cash picture.
Estimated remaining funds due at closing
$73,017No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$62,206.09
Your down payment$62,206.09
Closing costs + prepaids$10,810.79
Total buyer cash needed$73,016.87
Remaining funds due$73,016.87
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%)$3,050.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,213.97
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$212.00
Initial HOA (3 months)$525.00
Prepaid interest, first (31 days)$591.82
Fees + prepaids$10,810.79
Your down payment is the seller’s equity. You take over the $242,794 balance, so the rest of the $305,000 price is paid at closing. A second mortgage can cover part of it. $73,016.87 is due at closing. Uses and sources reconcile at $315,810.79 each. Not a Closing Disclosure.