Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$59,571Cash toward the purchase price.
Closing costs + prepaids$10,629Not just lender fees.
Before credits & paid funds$70,200The complete starting cash picture.
Estimated remaining funds due at closing
$70,200No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$59,570.74
Your down payment$59,570.74
Closing costs + prepaids$10,629.27
Total buyer cash needed$70,200.00
Remaining funds due$70,200.00
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%)$2,950.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,177.15
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$287.00
Initial HOA (3 months)$405.00
Prepaid interest, first (30 days)$592.12
Fees + prepaids$10,629.27
Your down payment is the seller’s equity. You take over the $235,429 balance, so the rest of the $295,000 price is paid at closing. A second mortgage can cover part of it. $70,200.00 is due at closing. Uses and sources reconcile at $305,629.27 each. Not a Closing Disclosure.