Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$311,450Cash toward the purchase price.
Closing costs + prepaids$22,953Not just lender fees.
Before credits & paid funds$334,402The complete starting cash picture.
Estimated remaining funds due at closing
$334,402No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$311,449.80
Your down payment$311,449.80
Closing costs + prepaids$22,952.62
Total buyer cash needed$334,402.42
Remaining funds due$334,402.42
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%)$9,250.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,067.75
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,312.50
Initial HOA (3 months)$297.00
Prepaid interest, first (24 days)$1,807.37
Fees + prepaids$22,952.62
Your down payment is the seller’s equity. You take over the $613,550 balance, so the rest of the $925,000 price is paid at closing. A second mortgage can cover part of it. $334,402.42 is due at closing. Uses and sources reconcile at $947,952.62 each. Not a Closing Disclosure.