Sophia Sommer

(602) 512-9825

Follow the dollars · Assumption only

A complete cash picture for Nov 30, 2026

Buyers Guide
Your down payment$249,573Cash toward the purchase price.
Closing costs + prepaids$10,077Not just lender fees.
Before credits & paid funds$259,650The complete starting cash picture.
Estimated remaining funds due at closing

No credits or earnest money applied yet.

$259,650

Bridge the purchase gap

From the price to what is still due.

Full purchase gap at closing$249,572.96
Your down payment$249,572.96
Closing costs + prepaids$10,077.03
Total buyer cash needed$259,649.99
Remaining funds due$259,649.99

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%)$3,899.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$701.64
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$245.75
Prepaid interest, first (1 days)$12.65
Fees + prepaids$10,077.03

Your down payment is the seller’s equity. You take over the $140,327 balance, so the rest of the $389,900 price is paid at closing. A second mortgage can cover part of it. $259,649.99 is due at closing. Uses and sources reconcile at $399,977.03 each. Not a Closing Disclosure.