Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$394,183Cash toward the purchase price.
Closing costs + prepaids$20,875Not just lender fees.
Before credits & paid funds$415,059The complete starting cash picture.
Estimated remaining funds due at closing
$415,059No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$394,183.00
Your down payment$394,183.00
Closing costs + prepaids$20,875.50
Total buyer cash needed$415,058.50
Remaining funds due$415,058.50
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%)$9,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,904.08
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,170.00
Initial HOA (3 months)$272.01
Prepaid interest, first (12 days)$561.40
Fees + prepaids$20,875.50
Your down payment is the seller’s equity. You take over the $580,817 balance, so the rest of the $975,000 price is paid at closing. A second mortgage can cover part of it. $415,058.50 is due at closing. Uses and sources reconcile at $995,875.50 each. Not a Closing Disclosure.