Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$19,700Cash toward the purchase price.
Closing costs + prepaids$11,359Not just lender fees.
Before credits & paid funds$31,059The complete starting cash picture.
Estimated remaining funds due at closing
$31,059No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$19,700.15
Your down payment$19,700.15
Closing costs + prepaids$11,359.00
Total buyer cash needed$31,059.15
Remaining funds due$31,059.15
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%)$2,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,326.50
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$712.50
Prepaid interest, first (25 days)$1,252.00
Fees + prepaids$11,359.00
Your down payment is the seller’s equity. You take over the $265,300 balance, so the rest of the $285,000 price is paid at closing. A second mortgage can cover part of it. $31,059.15 is due at closing. Uses and sources reconcile at $296,359.00 each. Not a Closing Disclosure.