Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$120,360Cash toward the purchase price.
Closing costs + prepaids$10,548Not just lender fees.
Before credits & paid funds$130,907The complete starting cash picture.
Estimated remaining funds due at closing
$130,907No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$120,359.55
Your down payment$120,359.55
Closing costs + prepaids$10,547.85
Total buyer cash needed$130,907.40
Remaining funds due$130,907.40
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%)$3,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,148.20
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$147.25
Prepaid interest, first (31 days)$534.40
Fees + prepaids$10,547.85
Your down payment is the seller’s equity. You take over the $229,640 balance, so the rest of the $350,000 price is paid at closing. A second mortgage can cover part of it. $130,907.40 is due at closing. Uses and sources reconcile at $360,547.85 each. Not a Closing Disclosure.