Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$215,679Cash toward the purchase price.
Closing costs + prepaids$25,703Not just lender fees.
Before credits & paid funds$241,382The complete starting cash picture.
Estimated remaining funds due at closing
$241,382No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$215,679.11
Your down payment$215,679.11
Closing costs + prepaids$25,703.03
Total buyer cash needed$241,382.14
Remaining funds due$241,382.14
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%)$11,600.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$4,721.60
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,029.00
Prepaid interest, first (22 days)$2,134.42
Fees + prepaids$25,703.03
Your down payment is the seller’s equity. You take over the $944,321 balance, so the rest of the $1,160,000 price is paid at closing. A second mortgage can cover part of it. $241,382.14 is due at closing. Uses and sources reconcile at $1,185,703.03 each. Not a Closing Disclosure.