Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$38,232Cash toward the purchase price.
Closing costs + prepaids$12,249Not just lender fees.
Before credits & paid funds$50,481The complete starting cash picture.
Estimated remaining funds due at closing
$50,481No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$38,231.78
Your down payment$38,231.78
Closing costs + prepaids$12,249.44
Total buyer cash needed$50,481.22
Remaining funds due$50,481.22
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%)$4,200.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,908.84
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$568.00
Initial HOA (3 months)$300.00
Prepaid interest, first (1 days)$54.60
Fees + prepaids$12,249.44
Your down payment is the seller’s equity. You take over the $381,768 balance, so the rest of the $420,000 price is paid at closing. A second mortgage can cover part of it. $50,481.22 is due at closing. Uses and sources reconcile at $432,249.44 each. Not a Closing Disclosure.