Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$260,960Cash toward the purchase price.
Closing costs + prepaids$21,503Not just lender fees.
Before credits & paid funds$282,463The complete starting cash picture.
Estimated remaining funds due at closing
$282,463No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$260,960.05
Your down payment$260,960.05
Closing costs + prepaids$21,502.92
Total buyer cash needed$282,462.97
Remaining funds due$282,462.97
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%)$3,070.20
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,070.75
Initial HOA (3 months)$66.00
Prepaid interest, first (22 days)$2,327.97
Fees + prepaids$21,502.92
Your down payment is the seller’s equity. You take over the $614,040 balance, so the rest of the $875,000 price is paid at closing. A second mortgage can cover part of it. $282,462.97 is due at closing. Uses and sources reconcile at $896,502.92 each. Not a Closing Disclosure.