Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$270,608Cash toward the purchase price.
Closing costs + prepaids$23,000Not just lender fees.
Before credits & paid funds$293,608The complete starting cash picture.
Estimated remaining funds due at closing
$293,608No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$270,608.02
Your down payment$270,608.02
Closing costs + prepaids$23,000.17
Total buyer cash needed$293,608.19
Remaining funds due$293,608.19
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%)$9,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,396.96
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$672.00
Initial HOA (3 months)$141.99
Prepaid interest, first (25 days)$3,071.22
Fees + prepaids$23,000.17
Your down payment is the seller’s equity. You take over the $679,392 balance, so the rest of the $950,000 price is paid at closing. A second mortgage can cover part of it. $293,608.19 is due at closing. Uses and sources reconcile at $973,000.17 each. Not a Closing Disclosure.