Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$285,347Cash toward the purchase price.
Closing costs + prepaids$22,423Not just lender fees.
Before credits & paid funds$307,770The complete starting cash picture.
Estimated remaining funds due at closing
$307,770No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$285,347.38
Your down payment$285,347.38
Closing costs + prepaids$22,422.92
Total buyer cash needed$307,770.30
Remaining funds due$307,770.30
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%)$9,400.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,273.26
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$837.00
Prepaid interest, first (24 days)$2,694.66
Fees + prepaids$22,422.92
Your down payment is the seller’s equity. You take over the $654,653 balance, so the rest of the $940,000 price is paid at closing. A second mortgage can cover part of it. $307,770.30 is due at closing. Uses and sources reconcile at $962,422.92 each. Not a Closing Disclosure.