Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$367,503Cash toward the purchase price.
Closing costs + prepaids$20,519Not just lender fees.
Before credits & paid funds$388,023The complete starting cash picture.
Estimated remaining funds due at closing
$388,023No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$367,503.45
Your down payment$367,503.45
Closing costs + prepaids$20,519.09
Total buyer cash needed$388,022.54
Remaining funds due$388,022.54
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%)$8,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,537.48
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,514.75
Prepaid interest, first (28 days)$1,498.85
Fees + prepaids$20,519.09
Your down payment is the seller’s equity. You take over the $507,497 balance, so the rest of the $875,000 price is paid at closing. A second mortgage can cover part of it. $388,022.54 is due at closing. Uses and sources reconcile at $895,519.09 each. Not a Closing Disclosure.