Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$314,873Cash toward the purchase price.
Closing costs + prepaids$23,902Not just lender fees.
Before credits & paid funds$338,774The complete starting cash picture.
Estimated remaining funds due at closing
$338,774No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$314,872.54
Your down payment$314,872.54
Closing costs + prepaids$23,901.64
Total buyer cash needed$338,774.18
Remaining funds due$338,774.18
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%)$10,249.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,550.14
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,159.75
Prepaid interest, first (23 days)$2,724.75
Fees + prepaids$23,901.64
Your down payment is the seller’s equity. You take over the $710,027 balance, so the rest of the $1,024,900 price is paid at closing. A second mortgage can cover part of it. $338,774.18 is due at closing. Uses and sources reconcile at $1,048,801.64 each. Not a Closing Disclosure.