Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$304,504Cash toward the purchase price.
Closing costs + prepaids$27,580Not just lender fees.
Before credits & paid funds$332,084The complete starting cash picture.
Estimated remaining funds due at closing
$332,084No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$304,503.61
Your down payment$304,503.61
Closing costs + prepaids$27,580.32
Total buyer cash needed$332,083.93
Remaining funds due$332,083.93
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%)$11,990.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$4,472.48
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,997.50
Prepaid interest, first (27 days)$1,902.34
Fees + prepaids$27,580.32
Your down payment is the seller’s equity. You take over the $894,496 balance, so the rest of the $1,199,000 price is paid at closing. A second mortgage can cover part of it. $332,083.93 is due at closing. Uses and sources reconcile at $1,226,580.32 each. Not a Closing Disclosure.