Follow the dollars · Assumption only
A complete cash picture for Dec 26, 2026
Your down payment$288,665Cash toward the purchase price.
Closing costs + prepaids$9,507Not just lender fees.
Before credits & paid funds$298,171The complete starting cash picture.
Estimated remaining funds due at closing
$298,171No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$288,664.51
Your down payment$288,664.51
Closing costs + prepaids$9,506.63
Total buyer cash needed$298,171.15
Remaining funds due$298,171.15
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%)$81.68
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$366.00
Initial HOA (3 months)$780.00
Prepaid interest, first (6 days)$10.96
Fees + prepaids$9,506.63
Your down payment is the seller’s equity. You take over the $16,335 balance, so the rest of the $305,000 price is paid at closing. A second mortgage can cover part of it. $298,171.15 is due at closing. Uses and sources reconcile at $314,506.63 each. Not a Closing Disclosure.