Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$1,494Cash toward the purchase price.
Closing costs + prepaids$8,930Not just lender fees.
Before credits & paid funds$10,425The complete starting cash picture.
Estimated remaining funds due at closing
$10,425No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,494.24
Your down payment$1,494.24
Closing costs + prepaids$8,930.33
Total buyer cash needed$10,424.57
Remaining funds due$10,424.57
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%)$2,250.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,117.53
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$305.00
Prepaid interest, first (1 days)$39.80
Fees + prepaids$8,930.33
Your down payment is the seller’s equity. You take over the $223,506 balance, so the rest of the $225,000 price is paid at closing. A second mortgage can cover part of it. $10,424.57 is due at closing. Uses and sources reconcile at $233,930.33 each. Not a Closing Disclosure.