Follow the dollars · Assumption only
A complete cash picture for Dec 26, 2026
Your down payment$294,128Cash toward the purchase price.
Closing costs + prepaids$25,545Not just lender fees.
Before credits & paid funds$319,673The complete starting cash picture.
Estimated remaining funds due at closing
$319,673No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$294,127.60
Your down payment$294,127.60
Closing costs + prepaids$25,545.18
Total buyer cash needed$319,672.78
Remaining funds due$319,672.78
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%)$10,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,779.36
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,260.00
Initial HOA (3 months)$3,384.00
Prepaid interest, first (6 days)$403.82
Fees + prepaids$25,545.18
Your down payment is the seller’s equity. You take over the $755,872 balance, so the rest of the $1,050,000 price is paid at closing. A second mortgage can cover part of it. $319,672.78 is due at closing. Uses and sources reconcile at $1,075,545.18 each. Not a Closing Disclosure.