Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$447,775Cash toward the purchase price.
Closing costs + prepaids$19,067Not just lender fees.
Before credits & paid funds$466,842The complete starting cash picture.
Estimated remaining funds due at closing
$466,842No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$447,774.55
Your down payment$447,774.55
Closing costs + prepaids$19,067.15
Total buyer cash needed$466,841.70
Remaining funds due$466,841.70
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%)$8,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,186.13
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$977.50
Prepaid interest, first (25 days)$835.52
Fees + prepaids$19,067.15
Your down payment is the seller’s equity. You take over the $437,225 balance, so the rest of the $885,000 price is paid at closing. A second mortgage can cover part of it. $466,841.70 is due at closing. Uses and sources reconcile at $904,067.15 each. Not a Closing Disclosure.