Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$60,990Cash toward the purchase price.
Closing costs + prepaids$10,764Not just lender fees.
Before credits & paid funds$71,753The complete starting cash picture.
Estimated remaining funds due at closing
$71,753No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$60,989.67
Your down payment$60,989.67
Closing costs + prepaids$10,763.66
Total buyer cash needed$71,753.33
Remaining funds due$71,753.33
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%)$3,400.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,395.05
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$408.00
Prepaid interest, first (9 days)$342.61
Fees + prepaids$10,763.66
Your down payment is the seller’s equity. You take over the $279,010 balance, so the rest of the $340,000 price is paid at closing. A second mortgage can cover part of it. $71,753.33 is due at closing. Uses and sources reconcile at $350,763.66 each. Not a Closing Disclosure.