Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$305,388Cash toward the purchase price.
Closing costs + prepaids$15,234Not just lender fees.
Before credits & paid funds$320,622The complete starting cash picture.
Estimated remaining funds due at closing
$320,622No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$305,387.80
Your down payment$305,387.80
Closing costs + prepaids$15,234.24
Total buyer cash needed$320,622.03
Remaining funds due$320,622.03
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%)$6,550.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,748.06
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$626.00
Initial HOA (3 months)$210.00
Prepaid interest, first (30 days)$632.18
Fees + prepaids$15,234.24
Your down payment is the seller’s equity. You take over the $349,612 balance, so the rest of the $655,000 price is paid at closing. A second mortgage can cover part of it. $320,622.03 is due at closing. Uses and sources reconcile at $670,234.24 each. Not a Closing Disclosure.