Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$232,393Cash toward the purchase price.
Closing costs + prepaids$29,039Not just lender fees.
Before credits & paid funds$261,432The complete starting cash picture.
Estimated remaining funds due at closing
$261,432No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$232,393.01
Your down payment$232,393.01
Closing costs + prepaids$29,038.86
Total buyer cash needed$261,431.87
Remaining funds due$261,431.87
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%)$4,713.03
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$236.00
Initial HOA (3 months)$750.00
Prepaid interest, first (31 days)$5,371.83
Fees + prepaids$29,038.86
Your down payment is the seller’s equity. You take over the $942,607 balance, so the rest of the $1,175,000 price is paid at closing. A second mortgage can cover part of it. $261,431.87 is due at closing. Uses and sources reconcile at $1,204,038.86 each. Not a Closing Disclosure.