Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$20,977Cash toward the purchase price.
Closing costs + prepaids$11,777Not just lender fees.
Before credits & paid funds$32,754The complete starting cash picture.
Estimated remaining funds due at closing
$32,754No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$20,976.82
Your down payment$20,976.82
Closing costs + prepaids$11,777.45
Total buyer cash needed$32,754.27
Remaining funds due$32,754.27
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%)$1,820.12
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$529.00
Initial HOA (3 months)$261.00
Prepaid interest, first (2 days)$99.33
Fees + prepaids$11,777.45
Your down payment is the seller’s equity. You take over the $364,023 balance, so the rest of the $385,000 price is paid at closing. A second mortgage can cover part of it. $32,754.27 is due at closing. Uses and sources reconcile at $396,777.45 each. Not a Closing Disclosure.