Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$310,988Cash toward the purchase price.
Closing costs + prepaids$9,713Not just lender fees.
Before credits & paid funds$320,701The complete starting cash picture.
Estimated remaining funds due at closing
$320,701No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$310,988.00
Your down payment$310,988.00
Closing costs + prepaids$9,713.41
Total buyer cash needed$320,701.41
Remaining funds due$320,701.41
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%)$3,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$195.06
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$567.00
Initial HOA (3 months)$15.00
Prepaid interest, first (31 days)$218.35
Fees + prepaids$9,713.41
Your down payment is the seller’s equity. You take over the $39,012 balance, so the rest of the $350,000 price is paid at closing. A second mortgage can cover part of it. $320,701.41 is due at closing. Uses and sources reconcile at $359,713.41 each. Not a Closing Disclosure.