Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$244,599Cash toward the purchase price.
Closing costs + prepaids$10,880Not just lender fees.
Before credits & paid funds$255,479The complete starting cash picture.
Estimated remaining funds due at closing
$255,479No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$244,598.92
Your down payment$244,598.92
Closing costs + prepaids$10,880.42
Total buyer cash needed$255,479.34
Remaining funds due$255,479.34
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%)$702.01
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$604.00
Initial HOA (3 months)$12.51
Prepaid interest, first (24 days)$493.90
Fees + prepaids$10,880.42
Your down payment is the seller’s equity. You take over the $140,401 balance, so the rest of the $385,000 price is paid at closing. A second mortgage can cover part of it. $255,479.34 is due at closing. Uses and sources reconcile at $395,880.42 each. Not a Closing Disclosure.