Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$12,675Cash toward the purchase price.
Closing costs + prepaids$11,743Not just lender fees.
Before credits & paid funds$24,418The complete starting cash picture.
Estimated remaining funds due at closing
$24,418No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$12,674.62
Your down payment$12,674.62
Closing costs + prepaids$11,743.27
Total buyer cash needed$24,417.89
Remaining funds due$24,417.89
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%)$2,950.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,411.63
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$737.50
Initial HOA (3 months)$146.01
Prepaid interest, first (25 days)$1,280.13
Fees + prepaids$11,743.27
Your down payment is the seller’s equity. You take over the $282,325 balance, so the rest of the $295,000 price is paid at closing. A second mortgage can cover part of it. $24,417.89 is due at closing. Uses and sources reconcile at $306,743.27 each. Not a Closing Disclosure.