Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$237,493Cash toward the purchase price.
Closing costs + prepaids$10,831Not just lender fees.
Before credits & paid funds$248,324The complete starting cash picture.
Estimated remaining funds due at closing
$248,324No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$237,493.45
Your down payment$237,493.45
Closing costs + prepaids$10,830.80
Total buyer cash needed$248,324.25
Remaining funds due$248,324.25
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%)$737.53
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$245.50
Initial HOA (3 months)$411.00
Prepaid interest, first (25 days)$368.77
Fees + prepaids$10,830.80
Your down payment is the seller’s equity. You take over the $147,507 balance, so the rest of the $385,000 price is paid at closing. A second mortgage can cover part of it. $248,324.25 is due at closing. Uses and sources reconcile at $395,830.80 each. Not a Closing Disclosure.