Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$142,320Cash toward the purchase price.
Closing costs + prepaids$12,143Not just lender fees.
Before credits & paid funds$154,462The complete starting cash picture.
Estimated remaining funds due at closing
$154,462No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$142,319.89
Your down payment$142,319.89
Closing costs + prepaids$12,142.51
Total buyer cash needed$154,462.40
Remaining funds due$154,462.40
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%)$3,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,213.40
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$1,617.75
Initial HOA (3 months)$207.99
Prepaid interest, first (2 days)$35.37
Fees + prepaids$12,142.51
Your down payment is the seller’s equity. You take over the $242,680 balance, so the rest of the $385,000 price is paid at closing. A second mortgage can cover part of it. $154,462.40 is due at closing. Uses and sources reconcile at $397,142.51 each. Not a Closing Disclosure.