Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$244,607Cash toward the purchase price.
Closing costs + prepaids$24,166Not just lender fees.
Before credits & paid funds$268,774The complete starting cash picture.
Estimated remaining funds due at closing
$268,774No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$244,607.29
Your down payment$244,607.29
Closing costs + prepaids$24,166.49
Total buyer cash needed$268,773.78
Remaining funds due$268,773.78
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%)$9,880.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,716.96
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,470.00
Initial HOA (3 months)$165.00
Prepaid interest, first (28 days)$1,716.52
Fees + prepaids$24,166.49
Your down payment is the seller’s equity. You take over the $743,393 balance, so the rest of the $988,000 price is paid at closing. A second mortgage can cover part of it. $268,773.78 is due at closing. Uses and sources reconcile at $1,012,166.49 each. Not a Closing Disclosure.