Follow the dollars · Assumption only
A complete cash picture for Dec 25, 2026
Your down payment$394,183Cash toward the purchase price.
Closing costs + prepaids$20,642Not just lender fees.
Before credits & paid funds$414,825The complete starting cash picture.
Estimated remaining funds due at closing
$414,825No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$394,183.00
Your down payment$394,183.00
Closing costs + prepaids$20,641.58
Total buyer cash needed$414,824.58
Remaining funds due$414,824.58
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%)$9,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,904.08
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,170.00
Initial HOA (3 months)$272.01
Prepaid interest, first (7 days)$327.49
Fees + prepaids$20,641.58
Your down payment is the seller’s equity. You take over the $580,817 balance, so the rest of the $975,000 price is paid at closing. A second mortgage can cover part of it. $414,824.58 is due at closing. Uses and sources reconcile at $995,641.58 each. Not a Closing Disclosure.