Follow the dollars · Assumption only
A complete cash picture for Dec 11, 2026
Your down payment$295,680Cash toward the purchase price.
Closing costs + prepaids$20,297Not just lender fees.
Before credits & paid funds$315,977The complete starting cash picture.
Estimated remaining funds due at closing
$315,977No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$295,680.07
Your down payment$295,680.07
Closing costs + prepaids$20,296.94
Total buyer cash needed$315,977.01
Remaining funds due$315,977.01
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%)$8,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,771.60
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$686.50
Prepaid interest, first (21 days)$2,120.84
Fees + prepaids$20,296.94
Your down payment is the seller’s equity. You take over the $554,320 balance, so the rest of the $850,000 price is paid at closing. A second mortgage can cover part of it. $315,977.01 is due at closing. Uses and sources reconcile at $870,296.94 each. Not a Closing Disclosure.