Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$370,872Cash toward the purchase price.
Closing costs + prepaids$29,512Not just lender fees.
Before credits & paid funds$400,383The complete starting cash picture.
Estimated remaining funds due at closing
$400,383No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$370,871.72
Your down payment$370,871.72
Closing costs + prepaids$29,511.73
Total buyer cash needed$400,383.45
Remaining funds due$400,383.45
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%)$13,250.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$4,770.64
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,034.25
Initial HOA (3 months)$200.01
Prepaid interest, first (31 days)$3,038.83
Fees + prepaids$29,511.73
Your down payment is the seller’s equity. You take over the $954,128 balance, so the rest of the $1,325,000 price is paid at closing. A second mortgage can cover part of it. $400,383.45 is due at closing. Uses and sources reconcile at $1,354,511.73 each. Not a Closing Disclosure.