Follow the dollars · Assumption only
A complete cash picture for Dec 15, 2026
Your down payment$385,584Cash toward the purchase price.
Closing costs + prepaids$21,941Not just lender fees.
Before credits & paid funds$407,525The complete starting cash picture.
Estimated remaining funds due at closing
$407,525No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$385,584.46
Your down payment$385,584.46
Closing costs + prepaids$21,940.85
Total buyer cash needed$407,525.30
Remaining funds due$407,525.30
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%)$2,947.08
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,170.00
Prepaid interest, first (17 days)$1,855.77
Fees + prepaids$21,940.85
Your down payment is the seller’s equity. You take over the $589,416 balance, so the rest of the $975,000 price is paid at closing. A second mortgage can cover part of it. $407,525.30 is due at closing. Uses and sources reconcile at $996,940.85 each. Not a Closing Disclosure.