Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$403,055Cash toward the purchase price.
Closing costs + prepaids$19,198Not just lender fees.
Before credits & paid funds$422,253The complete starting cash picture.
Estimated remaining funds due at closing
$422,253No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$403,055.39
Your down payment$403,055.39
Closing costs + prepaids$19,197.71
Total buyer cash needed$422,253.11
Remaining funds due$422,253.11
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%)$2,359.72
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)$249.00
Prepaid interest, first (12 days)$570.99
Fees + prepaids$19,197.71
Your down payment is the seller’s equity. You take over the $471,945 balance, so the rest of the $875,000 price is paid at closing. A second mortgage can cover part of it. $422,253.11 is due at closing. Uses and sources reconcile at $894,197.71 each. Not a Closing Disclosure.