Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$20,590Cash toward the purchase price.
Closing costs + prepaids$10,000Not just lender fees.
Before credits & paid funds$30,590The complete starting cash picture.
Estimated remaining funds due at closing
$30,590No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$20,589.52
Your down payment$20,589.52
Closing costs + prepaids$10,000.27
Total buyer cash needed$30,589.79
Remaining funds due$30,589.79
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%)$2,650.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,222.05
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$158.75
Initial HOA (3 months)$660.00
Prepaid interest, first (2 days)$91.47
Fees + prepaids$10,000.27
Your down payment is the seller’s equity. You take over the $244,410 balance, so the rest of the $265,000 price is paid at closing. A second mortgage can cover part of it. $30,589.79 is due at closing. Uses and sources reconcile at $275,000.27 each. Not a Closing Disclosure.