Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$349,343Cash toward the purchase price.
Closing costs + prepaids$22,952Not just lender fees.
Before credits & paid funds$372,295The complete starting cash picture.
Estimated remaining funds due at closing
$372,295No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$349,343.46
Your down payment$349,343.46
Closing costs + prepaids$22,952.00
Total buyer cash needed$372,295.46
Remaining funds due$372,295.46
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%)$10,497.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,501.78
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,312.25
Prepaid interest, first (12 days)$1,422.97
Fees + prepaids$22,952.00
Your down payment is the seller’s equity. You take over the $700,357 balance, so the rest of the $1,049,700 price is paid at closing. A second mortgage can cover part of it. $372,295.46 is due at closing. Uses and sources reconcile at $1,072,652.00 each. Not a Closing Disclosure.