Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$368,901Cash toward the purchase price.
Closing costs + prepaids$25,897Not just lender fees.
Before credits & paid funds$394,799The complete starting cash picture.
Estimated remaining funds due at closing
$394,799No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$368,901.42
Your down payment$368,901.42
Closing costs + prepaids$25,897.14
Total buyer cash needed$394,798.56
Remaining funds due$394,798.56
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%)$11,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$4,030.49
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,558.50
Initial HOA (3 months)$273.00
Prepaid interest, first (30 days)$2,067.15
Fees + prepaids$25,897.14
Your down payment is the seller’s equity. You take over the $806,099 balance, so the rest of the $1,175,000 price is paid at closing. A second mortgage can cover part of it. $394,798.56 is due at closing. Uses and sources reconcile at $1,200,897.14 each. Not a Closing Disclosure.