Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$148,801Cash toward the purchase price.
Closing costs + prepaids$12,015Not just lender fees.
Before credits & paid funds$160,816The complete starting cash picture.
Estimated remaining funds due at closing
$160,816No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$148,801.03
Your down payment$148,801.03
Closing costs + prepaids$12,014.90
Total buyer cash needed$160,815.93
Remaining funds due$160,815.93
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%)$1,180.99
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$966.00
Initial HOA (3 months)$273.99
Prepaid interest, first (27 days)$525.91
Fees + prepaids$12,014.90
Your down payment is the seller’s equity. You take over the $236,199 balance, so the rest of the $385,000 price is paid at closing. A second mortgage can cover part of it. $160,815.93 is due at closing. Uses and sources reconcile at $397,014.90 each. Not a Closing Disclosure.