Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$248,988Cash toward the purchase price.
Closing costs + prepaids$27,721Not just lender fees.
Before credits & paid funds$276,709The complete starting cash picture.
Estimated remaining funds due at closing
$276,709No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$248,987.56
Your down payment$248,987.56
Closing costs + prepaids$27,721.09
Total buyer cash needed$276,708.65
Remaining funds due$276,708.65
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%)$10,290.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,900.06
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,572.50
Initial HOA (3 months)$540.00
Prepaid interest, first (28 days)$4,200.53
Fees + prepaids$27,721.09
Your down payment is the seller’s equity. You take over the $780,012 balance, so the rest of the $1,029,000 price is paid at closing. A second mortgage can cover part of it. $276,708.65 is due at closing. Uses and sources reconcile at $1,056,721.09 each. Not a Closing Disclosure.