Follow the dollars · Assumption only
A complete cash picture for Dec 27, 2026
Your down payment$29,326Cash toward the purchase price.
Closing costs + prepaids$11,241Not just lender fees.
Before credits & paid funds$40,568The complete starting cash picture.
Estimated remaining funds due at closing
$40,568No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$29,326.24
Your down payment$29,326.24
Closing costs + prepaids$11,241.37
Total buyer cash needed$40,567.61
Remaining funds due$40,567.61
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%)$2,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,228.37
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$701.25
Initial HOA (3 months)$1,125.00
Prepaid interest, first (5 days)$218.75
Fees + prepaids$11,241.37
Your down payment is the seller’s equity. You take over the $245,674 balance, so the rest of the $275,000 price is paid at closing. A second mortgage can cover part of it. $40,567.61 is due at closing. Uses and sources reconcile at $286,241.37 each. Not a Closing Disclosure.