Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$60,880Cash toward the purchase price.
Closing costs + prepaids$11,431Not just lender fees.
Before credits & paid funds$72,311The complete starting cash picture.
Estimated remaining funds due at closing
$72,311No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$60,880.26
Your down payment$60,880.26
Closing costs + prepaids$11,431.14
Total buyer cash needed$72,311.41
Remaining funds due$72,311.41
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%)$3,475.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,433.10
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$479.50
Initial HOA (3 months)$780.00
Prepaid interest, first (2 days)$45.55
Fees + prepaids$11,431.14
Your down payment is the seller’s equity. You take over the $286,620 balance, so the rest of the $347,500 price is paid at closing. A second mortgage can cover part of it. $72,311.41 is due at closing. Uses and sources reconcile at $358,931.14 each. Not a Closing Disclosure.