Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$273,757Cash toward the purchase price.
Closing costs + prepaids$23,162Not just lender fees.
Before credits & paid funds$296,919The complete starting cash picture.
Estimated remaining funds due at closing
$296,919No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$273,757.26
Your down payment$273,757.26
Closing costs + prepaids$23,161.63
Total buyer cash needed$296,918.90
Remaining funds due$296,918.90
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%)$10,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$4,006.21
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,290.00
Initial HOA (3 months)$173.01
Prepaid interest, first (12 days)$724.41
Fees + prepaids$23,161.63
Your down payment is the seller’s equity. You take over the $801,243 balance, so the rest of the $1,075,000 price is paid at closing. A second mortgage can cover part of it. $296,918.90 is due at closing. Uses and sources reconcile at $1,098,161.63 each. Not a Closing Disclosure.