Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$384,795Cash toward the purchase price.
Closing costs + prepaids$23,057Not just lender fees.
Before credits & paid funds$407,852The complete starting cash picture.
Estimated remaining funds due at closing
$407,852No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$384,795.04
Your down payment$384,795.04
Closing costs + prepaids$23,057.01
Total buyer cash needed$407,852.05
Remaining funds due$407,852.05
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%)$10,990.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,571.02
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,373.75
Initial HOA (3 months)$282.00
Prepaid interest, first (12 days)$622.24
Fees + prepaids$23,057.01
Your down payment is the seller’s equity. You take over the $714,205 balance, so the rest of the $1,099,000 price is paid at closing. A second mortgage can cover part of it. $407,852.05 is due at closing. Uses and sources reconcile at $1,122,057.01 each. Not a Closing Disclosure.