Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$288,171Cash toward the purchase price.
Closing costs + prepaids$24,686Not just lender fees.
Before credits & paid funds$312,857The complete starting cash picture.
Estimated remaining funds due at closing
$312,857No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$288,170.66
Your down payment$288,170.66
Closing costs + prepaids$24,686.12
Total buyer cash needed$312,856.78
Remaining funds due$312,856.78
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%)$9,950.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,534.15
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,547.00
Initial HOA (3 months)$33.00
Prepaid interest, first (25 days)$1,403.98
Fees + prepaids$24,686.12
Your down payment is the seller’s equity. You take over the $706,829 balance, so the rest of the $995,000 price is paid at closing. A second mortgage can cover part of it. $312,856.78 is due at closing. Uses and sources reconcile at $1,019,686.12 each. Not a Closing Disclosure.