Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$266,842Cash toward the purchase price.
Closing costs + prepaids$10,247Not just lender fees.
Before credits & paid funds$277,088The complete starting cash picture.
Estimated remaining funds due at closing
$277,088No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$266,841.60
Your down payment$266,841.60
Closing costs + prepaids$10,246.65
Total buyer cash needed$277,088.25
Remaining funds due$277,088.25
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%)$590.79
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$462.00
Prepaid interest, first (12 days)$125.86
Fees + prepaids$10,246.65
Your down payment is the seller’s equity. You take over the $118,158 balance, so the rest of the $385,000 price is paid at closing. A second mortgage can cover part of it. $277,088.25 is due at closing. Uses and sources reconcile at $395,246.65 each. Not a Closing Disclosure.