Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$342,800Cash toward the purchase price.
Closing costs + prepaids$25,475Not just lender fees.
Before credits & paid funds$368,274The complete starting cash picture.
Estimated remaining funds due at closing
$368,274No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$342,799.53
Your down payment$342,799.53
Closing costs + prepaids$25,474.71
Total buyer cash needed$368,274.24
Remaining funds due$368,274.24
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%)$11,800.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$4,186.00
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,416.00
Initial HOA (3 months)$420.00
Prepaid interest, first (9 days)$1,434.71
Fees + prepaids$25,474.71
Your down payment is the seller’s equity. You take over the $837,200 balance, so the rest of the $1,180,000 price is paid at closing. A second mortgage can cover part of it. $368,274.24 is due at closing. Uses and sources reconcile at $1,205,474.71 each. Not a Closing Disclosure.