Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$351,059Cash toward the purchase price.
Closing costs + prepaids$24,015Not just lender fees.
Before credits & paid funds$375,074The complete starting cash picture.
Estimated remaining funds due at closing
$375,074No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$351,058.62
Your down payment$351,058.62
Closing costs + prepaids$24,015.07
Total buyer cash needed$375,073.69
Remaining funds due$375,073.69
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%)$11,250.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,869.71
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,350.00
Prepaid interest, first (10 days)$1,327.36
Fees + prepaids$24,015.07
Your down payment is the seller’s equity. You take over the $773,941 balance, so the rest of the $1,125,000 price is paid at closing. A second mortgage can cover part of it. $375,073.69 is due at closing. Uses and sources reconcile at $1,149,015.07 each. Not a Closing Disclosure.