Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$286,490Cash toward the purchase price.
Closing costs + prepaids$18,860Not just lender fees.
Before credits & paid funds$305,351The complete starting cash picture.
Estimated remaining funds due at closing
$305,351No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$286,490.15
Your down payment$286,490.15
Closing costs + prepaids$18,860.37
Total buyer cash needed$305,350.52
Remaining funds due$305,350.52
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%)$8,890.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,012.55
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$626.25
Prepaid interest, first (1 days)$113.57
Fees + prepaids$18,860.37
Your down payment is the seller’s equity. You take over the $602,510 balance, so the rest of the $889,000 price is paid at closing. A second mortgage can cover part of it. $305,350.52 is due at closing. Uses and sources reconcile at $907,860.37 each. Not a Closing Disclosure.