Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$402,863Cash toward the purchase price.
Closing costs + prepaids$20,077Not just lender fees.
Before credits & paid funds$422,940The complete starting cash picture.
Estimated remaining funds due at closing
$422,940No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$402,863.50
Your down payment$402,863.50
Closing costs + prepaids$20,076.58
Total buyer cash needed$422,940.08
Remaining funds due$422,940.08
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%)$8,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,360.68
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,504.25
Initial HOA (3 months)$303.00
Prepaid interest, first (24 days)$940.65
Fees + prepaids$20,076.58
Your down payment is the seller’s equity. You take over the $472,137 balance, so the rest of the $875,000 price is paid at closing. A second mortgage can cover part of it. $422,940.08 is due at closing. Uses and sources reconcile at $895,076.58 each. Not a Closing Disclosure.