Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$263,458Cash toward the purchase price.
Closing costs + prepaids$21,569Not just lender fees.
Before credits & paid funds$285,027The complete starting cash picture.
Estimated remaining funds due at closing
$285,027No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$263,458.19
Your down payment$263,458.19
Closing costs + prepaids$21,568.83
Total buyer cash needed$285,027.02
Remaining funds due$285,027.02
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%)$9,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,607.71
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$410.50
Prepaid interest, first (25 days)$1,482.62
Fees + prepaids$21,568.83
Your down payment is the seller’s equity. You take over the $721,542 balance, so the rest of the $985,000 price is paid at closing. A second mortgage can cover part of it. $285,027.02 is due at closing. Uses and sources reconcile at $1,006,568.83 each. Not a Closing Disclosure.