Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$376,581Cash toward the purchase price.
Closing costs + prepaids$24,827Not just lender fees.
Before credits & paid funds$401,408The complete starting cash picture.
Estimated remaining funds due at closing
$401,408No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$376,581.08
Your down payment$376,581.08
Closing costs + prepaids$24,826.50
Total buyer cash needed$401,407.58
Remaining funds due$401,407.58
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%)$11,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,992.09
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,239.00
Initial HOA (3 months)$27.51
Prepaid interest, first (23 days)$1,599.90
Fees + prepaids$24,826.50
Your down payment is the seller’s equity. You take over the $798,419 balance, so the rest of the $1,175,000 price is paid at closing. A second mortgage can cover part of it. $401,407.58 is due at closing. Uses and sources reconcile at $1,199,826.50 each. Not a Closing Disclosure.