Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$317,945Cash toward the purchase price.
Closing costs + prepaids$25,625Not just lender fees.
Before credits & paid funds$343,571The complete starting cash picture.
Estimated remaining funds due at closing
$343,571No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$317,945.47
Your down payment$317,945.47
Closing costs + prepaids$25,625.40
Total buyer cash needed$343,570.87
Remaining funds due$343,570.87
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%)$10,200.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,510.27
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,550.00
Prepaid interest, first (27 days)$3,147.13
Fees + prepaids$25,625.40
Your down payment is the seller’s equity. You take over the $702,055 balance, so the rest of the $1,020,000 price is paid at closing. A second mortgage can cover part of it. $343,570.87 is due at closing. Uses and sources reconcile at $1,045,625.40 each. Not a Closing Disclosure.