Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$265,443Cash toward the purchase price.
Closing costs + prepaids$28,710Not just lender fees.
Before credits & paid funds$294,153The complete starting cash picture.
Estimated remaining funds due at closing
$294,153No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$265,443.00
Your down payment$265,443.00
Closing costs + prepaids$28,710.04
Total buyer cash needed$294,153.04
Remaining funds due$294,153.04
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%)$11,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$4,547.78
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,063.50
Initial HOA (3 months)$495.00
Prepaid interest, first (27 days)$4,635.75
Fees + prepaids$28,710.04
Your down payment is the seller’s equity. You take over the $909,557 balance, so the rest of the $1,175,000 price is paid at closing. A second mortgage can cover part of it. $294,153.04 is due at closing. Uses and sources reconcile at $1,203,710.04 each. Not a Closing Disclosure.