Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$277,255Cash toward the purchase price.
Closing costs + prepaids$22,189Not just lender fees.
Before credits & paid funds$299,444The complete starting cash picture.
Estimated remaining funds due at closing
$299,444No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$277,254.65
Your down payment$277,254.65
Closing costs + prepaids$22,189.35
Total buyer cash needed$299,444.00
Remaining funds due$299,444.00
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%)$9,245.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,236.23
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,311.25
Prepaid interest, first (24 days)$1,178.87
Fees + prepaids$22,189.35
Your down payment is the seller’s equity. You take over the $647,245 balance, so the rest of the $924,500 price is paid at closing. A second mortgage can cover part of it. $299,444.00 is due at closing. Uses and sources reconcile at $946,689.35 each. Not a Closing Disclosure.