Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$400,498Cash toward the purchase price.
Closing costs + prepaids$19,127Not just lender fees.
Before credits & paid funds$419,625The complete starting cash picture.
Estimated remaining funds due at closing
$419,625No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$400,498.48
Your down payment$400,498.48
Closing costs + prepaids$19,126.71
Total buyer cash needed$419,625.19
Remaining funds due$419,625.19
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%)$8,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,372.51
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,050.00
Initial HOA (3 months)$315.00
Prepaid interest, first (12 days)$421.20
Fees + prepaids$19,126.71
Your down payment is the seller’s equity. You take over the $474,502 balance, so the rest of the $875,000 price is paid at closing. A second mortgage can cover part of it. $419,625.19 is due at closing. Uses and sources reconcile at $894,126.71 each. Not a Closing Disclosure.