Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$1,559Cash toward the purchase price.
Closing costs + prepaids$10,692Not just lender fees.
Before credits & paid funds$12,251The complete starting cash picture.
Estimated remaining funds due at closing
$12,251No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,558.74
Your down payment$1,558.74
Closing costs + prepaids$10,692.28
Total buyer cash needed$12,251.02
Remaining funds due$12,251.02
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%)$2,770.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,377.21
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$1,250.25
Prepaid interest, first (2 days)$76.82
Fees + prepaids$10,692.28
Your down payment is the seller’s equity. You take over the $275,441 balance, so the rest of the $277,000 price is paid at closing. A second mortgage can cover part of it. $12,251.02 is due at closing. Uses and sources reconcile at $287,692.28 each. Not a Closing Disclosure.