Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$366,684Cash toward the purchase price.
Closing costs + prepaids$24,170Not just lender fees.
Before credits & paid funds$390,854The complete starting cash picture.
Estimated remaining funds due at closing
$390,854No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$366,684.10
Your down payment$366,684.10
Closing costs + prepaids$24,170.33
Total buyer cash needed$390,854.42
Remaining funds due$390,854.42
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%)$11,150.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,741.58
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,179.50
Prepaid interest, first (31 days)$1,881.25
Fees + prepaids$24,170.33
Your down payment is the seller’s equity. You take over the $748,316 balance, so the rest of the $1,115,000 price is paid at closing. A second mortgage can cover part of it. $390,854.42 is due at closing. Uses and sources reconcile at $1,139,170.33 each. Not a Closing Disclosure.