Follow the dollars · Assumption only
A complete cash picture for Dec 12, 2026
Your down payment$242,051Cash toward the purchase price.
Closing costs + prepaids$21,635Not just lender fees.
Before credits & paid funds$263,686The complete starting cash picture.
Estimated remaining funds due at closing
$263,686No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$242,050.52
Your down payment$242,050.52
Closing costs + prepaids$21,635.04
Total buyer cash needed$263,685.56
Remaining funds due$263,685.56
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%)$8,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,039.75
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,025.75
Initial HOA (3 months)$543.00
Prepaid interest, first (20 days)$2,308.54
Fees + prepaids$21,635.04
Your down payment is the seller’s equity. You take over the $607,949 balance, so the rest of the $850,000 price is paid at closing. A second mortgage can cover part of it. $263,685.56 is due at closing. Uses and sources reconcile at $871,635.04 each. Not a Closing Disclosure.