Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$50,430Cash toward the purchase price.
Closing costs + prepaids$21,944Not just lender fees.
Before credits & paid funds$72,374The complete starting cash picture.
Estimated remaining funds due at closing
$72,374No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$50,430.20
Your down payment$50,430.20
Closing costs + prepaids$21,943.65
Total buyer cash needed$72,373.85
Remaining funds due$72,373.85
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%)$9,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$4,622.85
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$666.50
Initial HOA (3 months)$357.00
Prepaid interest, first (2 days)$329.30
Fees + prepaids$21,943.65
Your down payment is the seller’s equity. You take over the $924,570 balance, so the rest of the $975,000 price is paid at closing. A second mortgage can cover part of it. $72,373.85 is due at closing. Uses and sources reconcile at $996,943.65 each. Not a Closing Disclosure.