Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$28,898Cash toward the purchase price.
Closing costs + prepaids$12,684Not just lender fees.
Before credits & paid funds$41,582The complete starting cash picture.
Estimated remaining funds due at closing
$41,582No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$28,897.79
Your down payment$28,897.79
Closing costs + prepaids$12,684.23
Total buyer cash needed$41,582.02
Remaining funds due$41,582.02
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%)$4,245.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,978.01
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$509.50
Initial HOA (3 months)$106.50
Prepaid interest, first (9 days)$627.22
Fees + prepaids$12,684.23
Your down payment is the seller’s equity. You take over the $395,602 balance, so the rest of the $424,500 price is paid at closing. A second mortgage can cover part of it. $41,582.02 is due at closing. Uses and sources reconcile at $437,184.23 each. Not a Closing Disclosure.