Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$235,713Cash toward the purchase price.
Closing costs + prepaids$28,619Not just lender fees.
Before credits & paid funds$264,332The complete starting cash picture.
Estimated remaining funds due at closing
$264,332No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$235,713.07
Your down payment$235,713.07
Closing costs + prepaids$28,618.97
Total buyer cash needed$264,332.05
Remaining funds due$264,332.05
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%)$11,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$4,696.43
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,686.00
Initial HOA (3 months)$200.01
Prepaid interest, first (30 days)$4,068.53
Fees + prepaids$28,618.97
Your down payment is the seller’s equity. You take over the $939,287 balance, so the rest of the $1,175,000 price is paid at closing. A second mortgage can cover part of it. $264,332.05 is due at closing. Uses and sources reconcile at $1,203,618.97 each. Not a Closing Disclosure.