Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$50,462Cash toward the purchase price.
Closing costs + prepaids$11,939Not just lender fees.
Before credits & paid funds$62,401The complete starting cash picture.
Estimated remaining funds due at closing
$62,401No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$50,462.14
Your down payment$50,462.14
Closing costs + prepaids$11,938.82
Total buyer cash needed$62,400.96
Remaining funds due$62,400.96
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%)$3,050.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,272.69
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$873.00
Prepaid interest, first (30 days)$1,525.14
Fees + prepaids$11,938.82
Your down payment is the seller’s equity. You take over the $254,538 balance, so the rest of the $305,000 price is paid at closing. A second mortgage can cover part of it. $62,400.96 is due at closing. Uses and sources reconcile at $316,938.82 each. Not a Closing Disclosure.