Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$35,649Cash toward the purchase price.
Closing costs + prepaids$12,102Not just lender fees.
Before credits & paid funds$47,752The complete starting cash picture.
Estimated remaining funds due at closing
$47,752No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$35,649.34
Your down payment$35,649.34
Closing costs + prepaids$12,102.25
Total buyer cash needed$47,751.59
Remaining funds due$47,751.59
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%)$3,890.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,766.75
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$1,014.00
Initial HOA (3 months)$168.00
Prepaid interest, first (1 days)$45.50
Fees + prepaids$12,102.25
Your down payment is the seller’s equity. You take over the $353,351 balance, so the rest of the $389,000 price is paid at closing. A second mortgage can cover part of it. $47,751.59 is due at closing. Uses and sources reconcile at $401,102.25 each. Not a Closing Disclosure.