Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$20,467Cash toward the purchase price.
Closing costs + prepaids$12,989Not just lender fees.
Before credits & paid funds$33,457The complete starting cash picture.
Estimated remaining funds due at closing
$33,457No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$20,467.24
Your down payment$20,467.24
Closing costs + prepaids$12,989.34
Total buyer cash needed$33,456.58
Remaining funds due$33,456.58
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%)$1,822.66
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$1,029.75
Initial HOA (3 months)$390.00
Prepaid interest, first (22 days)$678.93
Fees + prepaids$12,989.34
Your down payment is the seller’s equity. You take over the $364,533 balance, so the rest of the $385,000 price is paid at closing. A second mortgage can cover part of it. $33,456.58 is due at closing. Uses and sources reconcile at $397,989.34 each. Not a Closing Disclosure.