Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$26,944Cash toward the purchase price.
Closing costs + prepaids$13,757Not just lender fees.
Before credits & paid funds$40,701The complete starting cash picture.
Estimated remaining funds due at closing
$40,701No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$26,944.50
Your down payment$26,944.50
Closing costs + prepaids$13,756.99
Total buyer cash needed$40,701.49
Remaining funds due$40,701.49
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%)$3,897.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,813.78
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$513.00
Initial HOA (3 months)$540.00
Prepaid interest, first (26 days)$1,775.22
Fees + prepaids$13,756.99
Your down payment is the seller’s equity. You take over the $362,756 balance, so the rest of the $389,700 price is paid at closing. A second mortgage can cover part of it. $40,701.49 is due at closing. Uses and sources reconcile at $403,456.99 each. Not a Closing Disclosure.