Follow the dollars · Assumption only
A complete cash picture for Dec 15, 2026
Your down payment$380,093Cash toward the purchase price.
Closing costs + prepaids$22,521Not just lender fees.
Before credits & paid funds$402,614The complete starting cash picture.
Estimated remaining funds due at closing
$402,614No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$380,093.28
Your down payment$380,093.28
Closing costs + prepaids$22,520.80
Total buyer cash needed$402,614.08
Remaining funds due$402,614.08
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%)$9,980.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,089.53
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,247.50
Prepaid interest, first (17 days)$1,985.77
Fees + prepaids$22,520.80
Your down payment is the seller’s equity. You take over the $617,907 balance, so the rest of the $998,000 price is paid at closing. A second mortgage can cover part of it. $402,614.08 is due at closing. Uses and sources reconcile at $1,020,520.80 each. Not a Closing Disclosure.