Follow the dollars · Assumption only
A complete cash picture for Dec 15, 2026
Your down payment$10,937Cash toward the purchase price.
Closing costs + prepaids$12,510Not just lender fees.
Before credits & paid funds$23,446The complete starting cash picture.
Estimated remaining funds due at closing
$23,446No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$10,936.71
Your down payment$10,936.71
Closing costs + prepaids$12,509.69
Total buyer cash needed$23,446.39
Remaining funds due$23,446.39
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%)$3,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,870.32
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$462.00
Initial HOA (3 months)$186.00
Prepaid interest, first (17 days)$923.37
Fees + prepaids$12,509.69
Your down payment is the seller’s equity. You take over the $374,063 balance, so the rest of the $385,000 price is paid at closing. A second mortgage can cover part of it. $23,446.39 is due at closing. Uses and sources reconcile at $397,509.69 each. Not a Closing Disclosure.