Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$18,978Cash toward the purchase price.
Closing costs + prepaids$10,895Not just lender fees.
Before credits & paid funds$29,872The complete starting cash picture.
Estimated remaining funds due at closing
$29,872No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$18,977.65
Your down payment$18,977.65
Closing costs + prepaids$10,894.77
Total buyer cash needed$29,872.41
Remaining funds due$29,872.41
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%)$2,975.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,392.61
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$446.75
Initial HOA (3 months)$150.00
Prepaid interest, first (24 days)$712.41
Fees + prepaids$10,894.77
Your down payment is the seller’s equity. You take over the $278,522 balance, so the rest of the $297,500 price is paid at closing. A second mortgage can cover part of it. $29,872.41 is due at closing. Uses and sources reconcile at $308,394.77 each. Not a Closing Disclosure.