Follow the dollars · Assumption only
A complete cash picture for Dec 12, 2026
Your down payment$47,282Cash toward the purchase price.
Closing costs + prepaids$12,962Not just lender fees.
Before credits & paid funds$60,244The complete starting cash picture.
Estimated remaining funds due at closing
$60,244No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$47,282.31
Your down payment$47,282.31
Closing costs + prepaids$12,961.55
Total buyer cash needed$60,243.86
Remaining funds due$60,243.86
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%)$3,983.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,755.09
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$392.25
Initial HOA (3 months)$288.00
Prepaid interest, first (20 days)$1,325.21
Fees + prepaids$12,961.55
Your down payment is the seller’s equity. You take over the $351,018 balance, so the rest of the $398,300 price is paid at closing. A second mortgage can cover part of it. $60,243.86 is due at closing. Uses and sources reconcile at $411,261.55 each. Not a Closing Disclosure.