Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$124,742Cash toward the purchase price.
Closing costs + prepaids$13,296Not just lender fees.
Before credits & paid funds$138,037The complete starting cash picture.
Estimated remaining funds due at closing
$138,037No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$124,741.59
Your down payment$124,741.59
Closing costs + prepaids$13,295.52
Total buyer cash needed$138,037.11
Remaining funds due$138,037.11
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%)$3,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,251.29
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$556.75
Initial HOA (3 months)$1,389.00
Prepaid interest, first (24 days)$1,130.48
Fees + prepaids$13,295.52
Your down payment is the seller’s equity. You take over the $250,258 balance, so the rest of the $375,000 price is paid at closing. A second mortgage can cover part of it. $138,037.11 is due at closing. Uses and sources reconcile at $388,295.52 each. Not a Closing Disclosure.