Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$386,952Cash toward the purchase price.
Closing costs + prepaids$20,658Not just lender fees.
Before credits & paid funds$407,611The complete starting cash picture.
Estimated remaining funds due at closing
$407,611No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$386,952.20
Your down payment$386,952.20
Closing costs + prepaids$20,658.31
Total buyer cash needed$407,610.51
Remaining funds due$407,610.51
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%)$8,940.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,535.24
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,066.00
Initial HOA (3 months)$30.00
Prepaid interest, first (23 days)$869.07
Fees + prepaids$20,658.31
Your down payment is the seller’s equity. You take over the $507,048 balance, so the rest of the $894,000 price is paid at closing. A second mortgage can cover part of it. $407,610.51 is due at closing. Uses and sources reconcile at $914,658.31 each. Not a Closing Disclosure.