Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$348,699Cash toward the purchase price.
Closing costs + prepaids$15,857Not just lender fees.
Before credits & paid funds$364,556The complete starting cash picture.
Estimated remaining funds due at closing
$364,556No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$348,699.30
Your down payment$348,699.30
Closing costs + prepaids$15,856.77
Total buyer cash needed$364,556.08
Remaining funds due$364,556.08
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%)$6,400.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,456.50
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,600.00
Initial HOA (3 months)$195.00
Prepaid interest, first (31 days)$737.27
Fees + prepaids$15,856.77
Your down payment is the seller’s equity. You take over the $291,301 balance, so the rest of the $640,000 price is paid at closing. A second mortgage can cover part of it. $364,556.08 is due at closing. Uses and sources reconcile at $655,856.77 each. Not a Closing Disclosure.