Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$253,363Cash toward the purchase price.
Closing costs + prepaids$24,287Not just lender fees.
Before credits & paid funds$277,650The complete starting cash picture.
Estimated remaining funds due at closing
$277,650No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$253,362.90
Your down payment$253,362.90
Closing costs + prepaids$24,287.09
Total buyer cash needed$277,649.99
Remaining funds due$277,649.99
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%)$9,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,483.19
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,292.75
Initial HOA (3 months)$255.00
Prepaid interest, first (31 days)$3,538.15
Fees + prepaids$24,287.09
Your down payment is the seller’s equity. You take over the $696,637 balance, so the rest of the $950,000 price is paid at closing. A second mortgage can cover part of it. $277,649.99 is due at closing. Uses and sources reconcile at $974,287.09 each. Not a Closing Disclosure.