Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$388,556Cash toward the purchase price.
Closing costs + prepaids$18,898Not just lender fees.
Before credits & paid funds$407,454The complete starting cash picture.
Estimated remaining funds due at closing
$407,454No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$388,555.95
Your down payment$388,555.95
Closing costs + prepaids$18,898.46
Total buyer cash needed$407,454.41
Remaining funds due$407,454.41
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%)$8,550.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,332.22
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,026.00
Initial HOA (3 months)$441.00
Prepaid interest, first (9 days)$331.24
Fees + prepaids$18,898.46
Your down payment is the seller’s equity. You take over the $466,444 balance, so the rest of the $855,000 price is paid at closing. A second mortgage can cover part of it. $407,454.41 is due at closing. Uses and sources reconcile at $873,898.46 each. Not a Closing Disclosure.