Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$310,358Cash toward the purchase price.
Closing costs + prepaids$34,872Not just lender fees.
Before credits & paid funds$345,230The complete starting cash picture.
Estimated remaining funds due at closing
$345,230No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$310,358.23
Your down payment$310,358.23
Closing costs + prepaids$34,872.19
Total buyer cash needed$345,230.42
Remaining funds due$345,230.42
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%)$14,980.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$5,938.21
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$765.50
Initial HOA (3 months)$525.00
Prepaid interest, first (31 days)$6,445.48
Fees + prepaids$34,872.19
Your down payment is the seller’s equity. You take over the $1,187,642 balance, so the rest of the $1,498,000 price is paid at closing. A second mortgage can cover part of it. $345,230.42 is due at closing. Uses and sources reconcile at $1,532,872.19 each. Not a Closing Disclosure.