Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$400,498Cash toward the purchase price.
Closing costs + prepaids$19,856Not just lender fees.
Before credits & paid funds$420,354The complete starting cash picture.
Estimated remaining funds due at closing
$420,354No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$400,498.48
Your down payment$400,498.48
Closing costs + prepaids$19,855.56
Total buyer cash needed$420,354.04
Remaining funds due$420,354.04
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%)$2,372.51
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,392.75
Initial HOA (3 months)$315.00
Prepaid interest, first (23 days)$807.30
Fees + prepaids$19,855.56
Your down payment is the seller’s equity. You take over the $474,502 balance, so the rest of the $875,000 price is paid at closing. A second mortgage can cover part of it. $420,354.04 is due at closing. Uses and sources reconcile at $894,855.56 each. Not a Closing Disclosure.