Follow the dollars · Assumption only
A complete cash picture for Dec 27, 2026
Your down payment$3,306Cash toward the purchase price.
Closing costs + prepaids$12,805Not just lender fees.
Before credits & paid funds$16,111The complete starting cash picture.
Estimated remaining funds due at closing
$16,111No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$3,305.75
Your down payment$3,305.75
Closing costs + prepaids$12,805.11
Total buyer cash needed$16,110.86
Remaining funds due$16,110.86
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%)$1,908.47
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$981.75
Initial HOA (3 months)$495.00
Prepaid interest, first (5 days)$351.89
Fees + prepaids$12,805.11
Your down payment is the seller’s equity. You take over the $381,694 balance, so the rest of the $385,000 price is paid at closing. A second mortgage can cover part of it. $16,110.86 is due at closing. Uses and sources reconcile at $397,805.11 each. Not a Closing Disclosure.