Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$365,325Cash toward the purchase price.
Closing costs + prepaids$20,500Not just lender fees.
Before credits & paid funds$385,826The complete starting cash picture.
Estimated remaining funds due at closing
$385,826No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$365,325.07
Your down payment$365,325.07
Closing costs + prepaids$20,500.44
Total buyer cash needed$385,825.51
Remaining funds due$385,825.51
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%)$9,400.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,873.37
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$688.75
Initial HOA (3 months)$230.01
Prepaid interest, first (25 days)$1,090.31
Fees + prepaids$20,500.44
Your down payment is the seller’s equity. You take over the $574,675 balance, so the rest of the $940,000 price is paid at closing. A second mortgage can cover part of it. $385,825.51 is due at closing. Uses and sources reconcile at $960,500.44 each. Not a Closing Disclosure.