Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$314,873Cash toward the purchase price.
Closing costs + prepaids$24,849Not just lender fees.
Before credits & paid funds$339,722The complete starting cash picture.
Estimated remaining funds due at closing
$339,722No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$314,872.54
Your down payment$314,872.54
Closing costs + prepaids$24,849.38
Total buyer cash needed$339,721.92
Remaining funds due$339,721.92
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%)$10,249.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,550.14
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,159.75
Prepaid interest, first (31 days)$3,672.50
Fees + prepaids$24,849.38
Your down payment is the seller’s equity. You take over the $710,027 balance, so the rest of the $1,024,900 price is paid at closing. A second mortgage can cover part of it. $339,721.92 is due at closing. Uses and sources reconcile at $1,049,749.38 each. Not a Closing Disclosure.