Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$264,960Cash toward the purchase price.
Closing costs + prepaids$10,242Not just lender fees.
Before credits & paid funds$275,202The complete starting cash picture.
Estimated remaining funds due at closing
$275,202No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$264,959.92
Your down payment$264,959.92
Closing costs + prepaids$10,241.84
Total buyer cash needed$275,201.76
Remaining funds due$275,201.76
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%)$600.20
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$297.25
Prepaid interest, first (22 days)$276.39
Fees + prepaids$10,241.84
Your down payment is the seller’s equity. You take over the $120,040 balance, so the rest of the $385,000 price is paid at closing. A second mortgage can cover part of it. $275,201.76 is due at closing. Uses and sources reconcile at $395,241.84 each. Not a Closing Disclosure.