Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$422,871Cash toward the purchase price.
Closing costs + prepaids$24,412Not just lender fees.
Before credits & paid funds$447,283The complete starting cash picture.
Estimated remaining funds due at closing
$447,283No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$422,870.97
Your down payment$422,870.97
Closing costs + prepaids$24,412.25
Total buyer cash needed$447,283.23
Remaining funds due$447,283.23
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%)$11,300.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,535.65
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,603.00
Initial HOA (3 months)$414.00
Prepaid interest, first (25 days)$1,341.61
Fees + prepaids$24,412.25
Your down payment is the seller’s equity. You take over the $707,129 balance, so the rest of the $1,130,000 price is paid at closing. A second mortgage can cover part of it. $447,283.23 is due at closing. Uses and sources reconcile at $1,154,412.25 each. Not a Closing Disclosure.