Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$397,641Cash toward the purchase price.
Closing costs + prepaids$18,802Not just lender fees.
Before credits & paid funds$416,443The complete starting cash picture.
Estimated remaining funds due at closing
$416,443No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$397,640.78
Your down payment$397,640.78
Closing costs + prepaids$18,801.73
Total buyer cash needed$416,442.51
Remaining funds due$416,442.51
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%)$7,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,936.80
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,178.50
Initial HOA (3 months)$1,500.00
Prepaid interest, first (2 days)$118.44
Fees + prepaids$18,801.73
Your down payment is the seller’s equity. You take over the $387,359 balance, so the rest of the $785,000 price is paid at closing. A second mortgage can cover part of it. $416,442.51 is due at closing. Uses and sources reconcile at $803,801.73 each. Not a Closing Disclosure.