Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$197,030Cash toward the purchase price.
Closing costs + prepaids$26,548Not just lender fees.
Before credits & paid funds$223,578The complete starting cash picture.
Estimated remaining funds due at closing
$223,578No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$197,029.68
Your down payment$197,029.68
Closing costs + prepaids$26,548.26
Total buyer cash needed$223,577.94
Remaining funds due$223,577.94
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%)$4,914.85
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,416.00
Initial HOA (3 months)$750.00
Prepaid interest, first (9 days)$1,449.41
Fees + prepaids$26,548.26
Your down payment is the seller’s equity. You take over the $982,970 balance, so the rest of the $1,180,000 price is paid at closing. A second mortgage can cover part of it. $223,577.94 is due at closing. Uses and sources reconcile at $1,206,548.26 each. Not a Closing Disclosure.