Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$10,040Cash toward the purchase price.
Closing costs + prepaids$29,988Not just lender fees.
Before credits & paid funds$40,028The complete starting cash picture.
Estimated remaining funds due at closing
$40,028No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$10,040.25
Your down payment$10,040.25
Closing costs + prepaids$29,988.03
Total buyer cash needed$40,028.28
Remaining funds due$40,028.28
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%)$9,990.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$4,944.80
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,196.25
Initial HOA (3 months)$750.00
Prepaid interest, first (26 days)$4,888.98
Fees + prepaids$29,988.03
Your down payment is the seller’s equity. You take over the $988,960 balance, so the rest of the $999,000 price is paid at closing. A second mortgage can cover part of it. $40,028.28 is due at closing. Uses and sources reconcile at $1,028,988.03 each. Not a Closing Disclosure.