Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$369,996Cash toward the purchase price.
Closing costs + prepaids$24,971Not just lender fees.
Before credits & paid funds$394,967The complete starting cash picture.
Estimated remaining funds due at closing
$394,967No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$369,996.11
Your down payment$369,996.11
Closing costs + prepaids$24,971.05
Total buyer cash needed$394,967.16
Remaining funds due$394,967.16
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%)$10,200.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,250.02
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,031.75
Initial HOA (3 months)$414.00
Prepaid interest, first (30 days)$3,857.28
Fees + prepaids$24,971.05
Your down payment is the seller’s equity. You take over the $650,004 balance, so the rest of the $1,020,000 price is paid at closing. A second mortgage can cover part of it. $394,967.16 is due at closing. Uses and sources reconcile at $1,044,971.05 each. Not a Closing Disclosure.