Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$42,228Cash toward the purchase price.
Closing costs + prepaids$10,829Not just lender fees.
Before credits & paid funds$53,057The complete starting cash picture.
Estimated remaining funds due at closing
$53,057No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$42,228.12
Your down payment$42,228.12
Closing costs + prepaids$10,828.68
Total buyer cash needed$53,056.80
Remaining funds due$53,056.80
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%)$2,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,213.86
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$297.00
Initial HOA (3 months)$1,230.00
Prepaid interest, first (1 days)$19.82
Fees + prepaids$10,828.68
Your down payment is the seller’s equity. You take over the $242,772 balance, so the rest of the $285,000 price is paid at closing. A second mortgage can cover part of it. $53,056.80 is due at closing. Uses and sources reconcile at $295,828.68 each. Not a Closing Disclosure.