Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$48,107Cash toward the purchase price.
Closing costs + prepaids$12,977Not just lender fees.
Before credits & paid funds$61,084The complete starting cash picture.
Estimated remaining funds due at closing
$61,084No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$48,107.22
Your down payment$48,107.22
Closing costs + prepaids$12,976.51
Total buyer cash needed$61,083.73
Remaining funds due$61,083.73
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%)$1,509.46
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$238.25
Initial HOA (3 months)$990.00
Prepaid interest, first (27 days)$1,520.80
Fees + prepaids$12,976.51
Your down payment is the seller’s equity. You take over the $301,893 balance, so the rest of the $350,000 price is paid at closing. A second mortgage can cover part of it. $61,083.73 is due at closing. Uses and sources reconcile at $362,976.51 each. Not a Closing Disclosure.