Follow the dollars · Assumption only
A complete cash picture for Dec 12, 2026
Your down payment$365,325Cash toward the purchase price.
Closing costs + prepaids$20,282Not just lender fees.
Before credits & paid funds$385,607The complete starting cash picture.
Estimated remaining funds due at closing
$385,607No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$365,325.07
Your down payment$365,325.07
Closing costs + prepaids$20,282.38
Total buyer cash needed$385,607.45
Remaining funds due$385,607.45
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%)$9,400.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,873.37
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$688.75
Initial HOA (3 months)$230.01
Prepaid interest, first (20 days)$872.25
Fees + prepaids$20,282.38
Your down payment is the seller’s equity. You take over the $574,675 balance, so the rest of the $940,000 price is paid at closing. A second mortgage can cover part of it. $385,607.45 is due at closing. Uses and sources reconcile at $960,282.38 each. Not a Closing Disclosure.