Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$28,898Cash toward the purchase price.
Closing costs + prepaids$13,787Not just lender fees.
Before credits & paid funds$42,684The complete starting cash picture.
Estimated remaining funds due at closing
$42,684No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$28,897.79
Your down payment$28,897.79
Closing costs + prepaids$13,786.60
Total buyer cash needed$42,684.39
Remaining funds due$42,684.39
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%)$4,245.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,978.01
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$566.50
Initial HOA (3 months)$106.50
Prepaid interest, first (24 days)$1,672.58
Fees + prepaids$13,786.60
Your down payment is the seller’s equity. You take over the $395,602 balance, so the rest of the $424,500 price is paid at closing. A second mortgage can cover part of it. $42,684.39 is due at closing. Uses and sources reconcile at $438,286.60 each. Not a Closing Disclosure.