Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$550Cash toward the purchase price.
Closing costs + prepaids$11,300Not just lender fees.
Before credits & paid funds$11,850The complete starting cash picture.
Estimated remaining funds due at closing
$11,850No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$550.32
Your down payment$550.32
Closing costs + prepaids$11,299.97
Total buyer cash needed$11,850.29
Remaining funds due$11,850.29
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%)$3,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,872.25
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$320.00
Prepaid interest, first (2 days)$139.73
Fees + prepaids$11,299.97
Your down payment is the seller’s equity. You take over the $374,450 balance, so the rest of the $375,000 price is paid at closing. A second mortgage can cover part of it. $11,850.29 is due at closing. Uses and sources reconcile at $386,299.97 each. Not a Closing Disclosure.