Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$50,385Cash toward the purchase price.
Closing costs + prepaids$10,556Not just lender fees.
Before credits & paid funds$60,940The complete starting cash picture.
Estimated remaining funds due at closing
$60,940No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$50,384.59
Your down payment$50,384.59
Closing costs + prepaids$10,555.71
Total buyer cash needed$60,940.30
Remaining funds due$60,940.30
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%)$2,980.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,238.08
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$387.00
Initial HOA (3 months)$87.00
Prepaid interest, first (31 days)$645.63
Fees + prepaids$10,555.71
Your down payment is the seller’s equity. You take over the $247,615 balance, so the rest of the $298,000 price is paid at closing. A second mortgage can cover part of it. $60,940.30 is due at closing. Uses and sources reconcile at $308,555.71 each. Not a Closing Disclosure.