Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$28,500Cash toward the purchase price.
Closing costs + prepaids$11,672Not just lender fees.
Before credits & paid funds$40,172The complete starting cash picture.
Estimated remaining funds due at closing
$40,172No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$28,500.23
Your down payment$28,500.23
Closing costs + prepaids$11,671.82
Total buyer cash needed$40,172.05
Remaining funds due$40,172.05
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%)$3,245.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,480.00
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$525.00
Initial HOA (3 months)$255.00
Prepaid interest, first (18 days)$948.82
Fees + prepaids$11,671.82
Your down payment is the seller’s equity. You take over the $296,000 balance, so the rest of the $324,500 price is paid at closing. A second mortgage can cover part of it. $40,172.05 is due at closing. Uses and sources reconcile at $336,171.82 each. Not a Closing Disclosure.