Follow the dollars · Assumption only
A complete cash picture for Dec 26, 2026
Your down payment$209,596Cash toward the purchase price.
Closing costs + prepaids$10,901Not just lender fees.
Before credits & paid funds$220,497The complete starting cash picture.
Estimated remaining funds due at closing
$220,497No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$209,595.64
Your down payment$209,595.64
Closing costs + prepaids$10,900.88
Total buyer cash needed$220,496.52
Remaining funds due$220,496.52
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%)$702.02
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$420.00
Initial HOA (3 months)$975.00
Prepaid interest, first (6 days)$85.86
Fees + prepaids$10,900.88
Your down payment is the seller’s equity. You take over the $140,404 balance, so the rest of the $350,000 price is paid at closing. A second mortgage can cover part of it. $220,496.52 is due at closing. Uses and sources reconcile at $360,900.88 each. Not a Closing Disclosure.