Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$59,107Cash toward the purchase price.
Closing costs + prepaids$11,572Not just lender fees.
Before credits & paid funds$70,678The complete starting cash picture.
Estimated remaining funds due at closing
$70,678No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$59,106.71
Your down payment$59,106.71
Closing costs + prepaids$11,571.59
Total buyer cash needed$70,678.30
Remaining funds due$70,678.30
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%)$2,950.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,179.47
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$354.00
Initial HOA (3 months)$1,335.00
Prepaid interest, first (12 days)$535.12
Fees + prepaids$11,571.59
Your down payment is the seller’s equity. You take over the $235,893 balance, so the rest of the $295,000 price is paid at closing. A second mortgage can cover part of it. $70,678.30 is due at closing. Uses and sources reconcile at $306,571.59 each. Not a Closing Disclosure.