Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$253,400Cash toward the purchase price.
Closing costs + prepaids$26,998Not just lender fees.
Before credits & paid funds$280,397The complete starting cash picture.
Estimated remaining funds due at closing
$280,397No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$253,399.60
Your down payment$253,399.60
Closing costs + prepaids$26,997.75
Total buyer cash needed$280,397.35
Remaining funds due$280,397.35
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%)$9,550.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,508.00
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,616.00
Initial HOA (3 months)$1,209.00
Prepaid interest, first (22 days)$2,896.74
Fees + prepaids$26,997.75
Your down payment is the seller’s equity. You take over the $701,600 balance, so the rest of the $955,000 price is paid at closing. A second mortgage can cover part of it. $280,397.35 is due at closing. Uses and sources reconcile at $981,997.75 each. Not a Closing Disclosure.