Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$270,104Cash toward the purchase price.
Closing costs + prepaids$24,638Not just lender fees.
Before credits & paid funds$294,741The complete starting cash picture.
Estimated remaining funds due at closing
$294,741No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$270,103.86
Your down payment$270,103.86
Closing costs + prepaids$24,637.58
Total buyer cash needed$294,741.44
Remaining funds due$294,741.44
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%)$9,600.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,449.48
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,400.00
Initial HOA (3 months)$498.00
Prepaid interest, first (29 days)$2,472.10
Fees + prepaids$24,637.58
Your down payment is the seller’s equity. You take over the $689,896 balance, so the rest of the $960,000 price is paid at closing. A second mortgage can cover part of it. $294,741.44 is due at closing. Uses and sources reconcile at $984,637.58 each. Not a Closing Disclosure.