Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$50,910Cash toward the purchase price.
Closing costs + prepaids$12,085Not just lender fees.
Before credits & paid funds$62,995The complete starting cash picture.
Estimated remaining funds due at closing
$62,995No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$50,909.95
Your down payment$50,909.95
Closing costs + prepaids$12,085.45
Total buyer cash needed$62,995.41
Remaining funds due$62,995.41
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%)$3,700.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,595.45
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$452.00
Initial HOA (3 months)$101.01
Prepaid interest, first (31 days)$1,018.99
Fees + prepaids$12,085.45
Your down payment is the seller’s equity. You take over the $319,090 balance, so the rest of the $370,000 price is paid at closing. A second mortgage can cover part of it. $62,995.41 is due at closing. Uses and sources reconcile at $382,085.45 each. Not a Closing Disclosure.