Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$55,032Cash toward the purchase price.
Closing costs + prepaids$11,516Not just lender fees.
Before credits & paid funds$66,548The complete starting cash picture.
Estimated remaining funds due at closing
$66,548No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$55,032.02
Your down payment$55,032.02
Closing costs + prepaids$11,516.38
Total buyer cash needed$66,548.41
Remaining funds due$66,548.41
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%)$3,537.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,493.34
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$232.75
Initial HOA (3 months)$254.01
Prepaid interest, first (31 days)$781.28
Fees + prepaids$11,516.38
Your down payment is the seller’s equity. You take over the $298,668 balance, so the rest of the $353,700 price is paid at closing. A second mortgage can cover part of it. $66,548.41 is due at closing. Uses and sources reconcile at $365,216.38 each. Not a Closing Disclosure.