Follow the dollars · Assumption only
A complete cash picture for Dec 15, 2026
Your down payment$40,695Cash toward the purchase price.
Closing costs + prepaids$10,664Not just lender fees.
Before credits & paid funds$51,359The complete starting cash picture.
Estimated remaining funds due at closing
$51,359No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,694.86
Your down payment$40,694.86
Closing costs + prepaids$10,663.69
Total buyer cash needed$51,358.55
Remaining funds due$51,358.55
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%)$2,990.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,291.53
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$373.75
Prepaid interest, first (17 days)$790.41
Fees + prepaids$10,663.69
Your down payment is the seller’s equity. You take over the $258,305 balance, so the rest of the $299,000 price is paid at closing. A second mortgage can cover part of it. $51,358.55 is due at closing. Uses and sources reconcile at $309,663.69 each. Not a Closing Disclosure.