Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$29,724Cash toward the purchase price.
Closing costs + prepaids$12,619Not just lender fees.
Before credits & paid funds$42,343The complete starting cash picture.
Estimated remaining funds due at closing
$42,343No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$29,724.25
Your down payment$29,724.25
Closing costs + prepaids$12,618.95
Total buyer cash needed$42,343.20
Remaining funds due$42,343.20
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%)$1,276.38
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$2,188.75
Initial HOA (3 months)$24.99
Prepaid interest, first (24 days)$1,060.83
Fees + prepaids$12,618.95
Your down payment is the seller’s equity. You take over the $255,276 balance, so the rest of the $285,000 price is paid at closing. A second mortgage can cover part of it. $42,343.20 is due at closing. Uses and sources reconcile at $297,618.95 each. Not a Closing Disclosure.