Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$347,285Cash toward the purchase price.
Closing costs + prepaids$13,700Not just lender fees.
Before credits & paid funds$360,985The complete starting cash picture.
Estimated remaining funds due at closing
$360,985No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$347,284.85
Your down payment$347,284.85
Closing costs + prepaids$13,700.30
Total buyer cash needed$360,985.15
Remaining funds due$360,985.15
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%)$5,980.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,253.58
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$717.50
Initial HOA (3 months)$36.00
Prepaid interest, first (10 days)$245.22
Fees + prepaids$13,700.30
Your down payment is the seller’s equity. You take over the $250,715 balance, so the rest of the $598,000 price is paid at closing. A second mortgage can cover part of it. $360,985.15 is due at closing. Uses and sources reconcile at $611,700.30 each. Not a Closing Disclosure.