Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$50,909Cash toward the purchase price.
Closing costs + prepaids$11,272Not just lender fees.
Before credits & paid funds$62,181The complete starting cash picture.
Estimated remaining funds due at closing
$62,181No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$50,908.77
Your down payment$50,908.77
Closing costs + prepaids$11,272.49
Total buyer cash needed$62,181.26
Remaining funds due$62,181.26
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%)$1,445.46
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$287.75
Initial HOA (3 months)$869.01
Prepaid interest, first (1 days)$52.27
Fees + prepaids$11,272.49
Your down payment is the seller’s equity. You take over the $289,091 balance, so the rest of the $340,000 price is paid at closing. A second mortgage can cover part of it. $62,181.26 is due at closing. Uses and sources reconcile at $351,272.49 each. Not a Closing Disclosure.