Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$11,862Cash toward the purchase price.
Closing costs + prepaids$12,960Not just lender fees.
Before credits & paid funds$24,822The complete starting cash picture.
Estimated remaining funds due at closing
$24,822No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$11,861.69
Your down payment$11,861.69
Closing costs + prepaids$12,960.29
Total buyer cash needed$24,821.97
Remaining funds due$24,821.97
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%)$1,690.69
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$1,554.25
Initial HOA (3 months)$63.99
Prepaid interest, first (31 days)$933.35
Fees + prepaids$12,960.29
Your down payment is the seller’s equity. You take over the $338,138 balance, so the rest of the $350,000 price is paid at closing. A second mortgage can cover part of it. $24,821.97 is due at closing. Uses and sources reconcile at $362,960.29 each. Not a Closing Disclosure.