Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$369,996Cash toward the purchase price.
Closing costs + prepaids$23,942Not just lender fees.
Before credits & paid funds$393,939The complete starting cash picture.
Estimated remaining funds due at closing
$393,939No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$369,996.11
Your down payment$369,996.11
Closing costs + prepaids$23,942.44
Total buyer cash needed$393,938.55
Remaining funds due$393,938.55
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%)$3,250.02
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,031.75
Initial HOA (3 months)$414.00
Prepaid interest, first (22 days)$2,828.67
Fees + prepaids$23,942.44
Your down payment is the seller’s equity. You take over the $650,004 balance, so the rest of the $1,020,000 price is paid at closing. A second mortgage can cover part of it. $393,938.55 is due at closing. Uses and sources reconcile at $1,043,942.44 each. Not a Closing Disclosure.