Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$26,944Cash toward the purchase price.
Closing costs + prepaids$12,551Not just lender fees.
Before credits & paid funds$39,496The complete starting cash picture.
Estimated remaining funds due at closing
$39,496No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$26,944.50
Your down payment$26,944.50
Closing costs + prepaids$12,551.03
Total buyer cash needed$39,495.52
Remaining funds due$39,495.52
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%)$3,897.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,813.78
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$467.75
Initial HOA (3 months)$540.00
Prepaid interest, first (9 days)$614.50
Fees + prepaids$12,551.03
Your down payment is the seller’s equity. You take over the $362,756 balance, so the rest of the $389,700 price is paid at closing. A second mortgage can cover part of it. $39,495.52 is due at closing. Uses and sources reconcile at $402,251.03 each. Not a Closing Disclosure.