Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$24,503Cash toward the purchase price.
Closing costs + prepaids$13,849Not just lender fees.
Before credits & paid funds$38,351The complete starting cash picture.
Estimated remaining funds due at closing
$38,351No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$24,502.52
Your down payment$24,502.52
Closing costs + prepaids$13,848.73
Total buyer cash needed$38,351.25
Remaining funds due$38,351.25
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%)$3,880.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,817.49
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$441.00
Initial HOA (3 months)$615.00
Prepaid interest, first (29 days)$1,877.24
Fees + prepaids$13,848.73
Your down payment is the seller’s equity. You take over the $363,497 balance, so the rest of the $388,000 price is paid at closing. A second mortgage can cover part of it. $38,351.25 is due at closing. Uses and sources reconcile at $401,848.73 each. Not a Closing Disclosure.