Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$7,585Cash toward the purchase price.
Closing costs + prepaids$15,542Not just lender fees.
Before credits & paid funds$23,127The complete starting cash picture.
Estimated remaining funds due at closing
$23,127No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$7,585.00
Your down payment$7,585.00
Closing costs + prepaids$15,542.01
Total buyer cash needed$23,127.00
Remaining funds due$23,127.00
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%)$3,875.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,899.58
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$968.75
Initial HOA (3 months)$1,872.00
Prepaid interest, first (24 days)$1,708.68
Fees + prepaids$15,542.01
Your down payment is the seller’s equity. You take over the $379,915 balance, so the rest of the $387,500 price is paid at closing. A second mortgage can cover part of it. $23,127.00 is due at closing. Uses and sources reconcile at $403,042.01 each. Not a Closing Disclosure.