Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$115,433Cash toward the purchase price.
Closing costs + prepaids$10,766Not just lender fees.
Before credits & paid funds$126,199The complete starting cash picture.
Estimated remaining funds due at closing
$126,199No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$115,432.76
Your down payment$115,432.76
Closing costs + prepaids$10,765.80
Total buyer cash needed$126,198.55
Remaining funds due$126,198.55
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%)$3,400.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,122.84
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$408.00
Initial HOA (3 months)$441.00
Prepaid interest, first (10 days)$175.96
Fees + prepaids$10,765.80
Your down payment is the seller’s equity. You take over the $224,567 balance, so the rest of the $340,000 price is paid at closing. A second mortgage can cover part of it. $126,198.55 is due at closing. Uses and sources reconcile at $350,765.80 each. Not a Closing Disclosure.