Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$12,382Cash toward the purchase price.
Closing costs + prepaids$12,813Not just lender fees.
Before credits & paid funds$25,195The complete starting cash picture.
Estimated remaining funds due at closing
$25,195No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$12,381.51
Your down payment$12,381.51
Closing costs + prepaids$12,813.39
Total buyer cash needed$25,194.90
Remaining funds due$25,194.90
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%)$3,480.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,678.09
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$326.50
Initial HOA (3 months)$258.00
Prepaid interest, first (31 days)$1,852.80
Fees + prepaids$12,813.39
Your down payment is the seller’s equity. You take over the $335,618 balance, so the rest of the $348,000 price is paid at closing. A second mortgage can cover part of it. $25,194.90 is due at closing. Uses and sources reconcile at $360,813.39 each. Not a Closing Disclosure.