Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$385,018Cash toward the purchase price.
Closing costs + prepaids$20,380Not just lender fees.
Before credits & paid funds$405,398The complete starting cash picture.
Estimated remaining funds due at closing
$405,398No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$385,018.03
Your down payment$385,018.03
Closing costs + prepaids$20,379.68
Total buyer cash needed$405,397.70
Remaining funds due$405,397.70
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%)$9,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,949.91
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,352.50
Prepaid interest, first (1 days)$109.27
Fees + prepaids$20,379.68
Your down payment is the seller’s equity. You take over the $589,982 balance, so the rest of the $975,000 price is paid at closing. A second mortgage can cover part of it. $405,397.70 is due at closing. Uses and sources reconcile at $995,379.68 each. Not a Closing Disclosure.