Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$38,578Cash toward the purchase price.
Closing costs + prepaids$11,563Not just lender fees.
Before credits & paid funds$50,140The complete starting cash picture.
Estimated remaining funds due at closing
$50,140No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$38,577.81
Your down payment$38,577.81
Closing costs + prepaids$11,562.61
Total buyer cash needed$50,140.42
Remaining funds due$50,140.42
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%)$3,050.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,332.11
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$762.50
Prepaid interest, first (24 days)$1,199.99
Fees + prepaids$11,562.61
Your down payment is the seller’s equity. You take over the $266,422 balance, so the rest of the $305,000 price is paid at closing. A second mortgage can cover part of it. $50,140.42 is due at closing. Uses and sources reconcile at $316,562.61 each. Not a Closing Disclosure.