Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$363,290Cash toward the purchase price.
Closing costs + prepaids$24,872Not just lender fees.
Before credits & paid funds$388,162The complete starting cash picture.
Estimated remaining funds due at closing
$388,162No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$363,289.98
Your down payment$363,289.98
Closing costs + prepaids$24,871.87
Total buyer cash needed$388,161.85
Remaining funds due$388,161.85
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%)$11,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,933.55
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,354.50
Initial HOA (3 months)$15.00
Prepaid interest, first (31 days)$1,850.82
Fees + prepaids$24,871.87
Your down payment is the seller’s equity. You take over the $786,710 balance, so the rest of the $1,150,000 price is paid at closing. A second mortgage can cover part of it. $388,161.85 is due at closing. Uses and sources reconcile at $1,174,871.87 each. Not a Closing Disclosure.