Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$294,120Cash toward the purchase price.
Closing costs + prepaids$26,106Not just lender fees.
Before credits & paid funds$320,226The complete starting cash picture.
Estimated remaining funds due at closing
$320,226No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$294,119.69
Your down payment$294,119.69
Closing costs + prepaids$26,106.13
Total buyer cash needed$320,225.82
Remaining funds due$320,225.82
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%)$10,550.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,804.40
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,290.25
Initial HOA (3 months)$585.00
Prepaid interest, first (27 days)$3,658.48
Fees + prepaids$26,106.13
Your down payment is the seller’s equity. You take over the $760,880 balance, so the rest of the $1,055,000 price is paid at closing. A second mortgage can cover part of it. $320,225.82 is due at closing. Uses and sources reconcile at $1,081,106.13 each. Not a Closing Disclosure.