Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$308,843Cash toward the purchase price.
Closing costs + prepaids$22,783Not just lender fees.
Before credits & paid funds$331,626The complete starting cash picture.
Estimated remaining funds due at closing
$331,626No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$308,842.57
Your down payment$308,842.57
Closing costs + prepaids$22,783.08
Total buyer cash needed$331,625.65
Remaining funds due$331,625.65
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%)$3,330.79
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,617.25
Initial HOA (3 months)$150.00
Prepaid interest, first (28 days)$1,717.04
Fees + prepaids$22,783.08
Your down payment is the seller’s equity. You take over the $666,157 balance, so the rest of the $975,000 price is paid at closing. A second mortgage can cover part of it. $331,625.65 is due at closing. Uses and sources reconcile at $997,783.08 each. Not a Closing Disclosure.