Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$240,650Cash toward the purchase price.
Closing costs + prepaids$10,182Not just lender fees.
Before credits & paid funds$250,832The complete starting cash picture.
Estimated remaining funds due at closing
$250,832No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$240,649.58
Your down payment$240,649.58
Closing costs + prepaids$10,182.40
Total buyer cash needed$250,831.98
Remaining funds due$250,831.98
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%)$721.75
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$377.50
Prepaid interest, first (1 days)$15.15
Fees + prepaids$10,182.40
Your down payment is the seller’s equity. You take over the $144,350 balance, so the rest of the $385,000 price is paid at closing. A second mortgage can cover part of it. $250,831.98 is due at closing. Uses and sources reconcile at $395,182.40 each. Not a Closing Disclosure.