Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$337,759Cash toward the purchase price.
Closing costs + prepaids$30,185Not just lender fees.
Before credits & paid funds$367,945The complete starting cash picture.
Estimated remaining funds due at closing
$367,945No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$337,759.19
Your down payment$337,759.19
Closing costs + prepaids$30,185.41
Total buyer cash needed$367,944.60
Remaining funds due$367,944.60
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%)$12,250.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$4,436.20
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,062.50
Initial HOA (3 months)$450.00
Prepaid interest, first (24 days)$3,768.71
Fees + prepaids$30,185.41
Your down payment is the seller’s equity. You take over the $887,241 balance, so the rest of the $1,225,000 price is paid at closing. A second mortgage can cover part of it. $367,944.60 is due at closing. Uses and sources reconcile at $1,255,185.41 each. Not a Closing Disclosure.