Follow the dollars · Assumption only
A complete cash picture for Dec 12, 2026
Your down payment$62,562Cash toward the purchase price.
Closing costs + prepaids$11,667Not just lender fees.
Before credits & paid funds$74,229The complete starting cash picture.
Estimated remaining funds due at closing
$74,229No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$62,561.91
Your down payment$62,561.91
Closing costs + prepaids$11,666.89
Total buyer cash needed$74,228.81
Remaining funds due$74,228.81
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%)$3,499.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,436.69
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$313.50
Initial HOA (3 months)$170.01
Prepaid interest, first (20 days)$1,029.69
Fees + prepaids$11,666.89
Your down payment is the seller’s equity. You take over the $287,338 balance, so the rest of the $349,900 price is paid at closing. A second mortgage can cover part of it. $74,228.81 is due at closing. Uses and sources reconcile at $361,566.89 each. Not a Closing Disclosure.