Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$271,848Cash toward the purchase price.
Closing costs + prepaids$26,168Not just lender fees.
Before credits & paid funds$298,016The complete starting cash picture.
Estimated remaining funds due at closing
$298,016No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$271,848.24
Your down payment$271,848.24
Closing costs + prepaids$26,167.88
Total buyer cash needed$298,016.12
Remaining funds due$298,016.12
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%)$10,990.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$4,135.76
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,747.50
Initial HOA (3 months)$360.00
Prepaid interest, first (25 days)$1,716.62
Fees + prepaids$26,167.88
Your down payment is the seller’s equity. You take over the $827,152 balance, so the rest of the $1,099,000 price is paid at closing. A second mortgage can cover part of it. $298,016.12 is due at closing. Uses and sources reconcile at $1,125,167.88 each. Not a Closing Disclosure.