Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$51,304Cash toward the purchase price.
Closing costs + prepaids$26,709Not just lender fees.
Before credits & paid funds$78,013The complete starting cash picture.
Estimated remaining funds due at closing
$78,013No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$51,303.85
Your down payment$51,303.85
Closing costs + prepaids$26,709.29
Total buyer cash needed$78,013.14
Remaining funds due$78,013.14
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%)$9,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$4,618.48
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$666.50
Initial HOA (3 months)$357.00
Prepaid interest, first (31 days)$5,099.31
Fees + prepaids$26,709.29
Your down payment is the seller’s equity. You take over the $923,696 balance, so the rest of the $975,000 price is paid at closing. A second mortgage can cover part of it. $78,013.14 is due at closing. Uses and sources reconcile at $1,001,709.29 each. Not a Closing Disclosure.