Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$220,355Cash toward the purchase price.
Closing costs + prepaids$10,498Not just lender fees.
Before credits & paid funds$230,853The complete starting cash picture.
Estimated remaining funds due at closing
$230,853No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$220,354.60
Your down payment$220,354.60
Closing costs + prepaids$10,498.00
Total buyer cash needed$230,852.61
Remaining funds due$230,852.61
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%)$3,650.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$723.23
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$517.00
Initial HOA (3 months)$366.00
Prepaid interest, first (2 days)$23.78
Fees + prepaids$10,498.00
Your down payment is the seller’s equity. You take over the $144,645 balance, so the rest of the $365,000 price is paid at closing. A second mortgage can cover part of it. $230,852.61 is due at closing. Uses and sources reconcile at $375,498.00 each. Not a Closing Disclosure.