Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$50,663Cash toward the purchase price.
Closing costs + prepaids$12,743Not just lender fees.
Before credits & paid funds$63,406The complete starting cash picture.
Estimated remaining funds due at closing
$63,406No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$50,663.09
Your down payment$50,663.09
Closing costs + prepaids$12,742.69
Total buyer cash needed$63,405.78
Remaining funds due$63,405.78
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%)$1,271.68
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$1,902.75
Prepaid interest, first (30 days)$1,300.25
Fees + prepaids$12,742.69
Your down payment is the seller’s equity. You take over the $254,337 balance, so the rest of the $305,000 price is paid at closing. A second mortgage can cover part of it. $63,405.78 is due at closing. Uses and sources reconcile at $317,742.69 each. Not a Closing Disclosure.