Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$342,800Cash toward the purchase price.
Closing costs + prepaids$28,060Not just lender fees.
Before credits & paid funds$370,859The complete starting cash picture.
Estimated remaining funds due at closing
$370,859No 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$28,059.63
Total buyer cash needed$370,859.16
Remaining funds due$370,859.16
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)$1,131.50
Initial HOA (3 months)$420.00
Prepaid interest, first (27 days)$4,304.13
Fees + prepaids$28,059.63
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. $370,859.16 is due at closing. Uses and sources reconcile at $1,208,059.63 each. Not a Closing Disclosure.