Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$635,984Cash toward the purchase price.
Closing costs + prepaids$19,371Not just lender fees.
Before credits & paid funds$655,355The complete starting cash picture.
Estimated remaining funds due at closing
$655,355No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$635,983.88
Your down payment$635,983.88
Closing costs + prepaids$19,370.80
Total buyer cash needed$655,354.68
Remaining funds due$655,354.68
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%)$9,890.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,765.08
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$822.25
Prepaid interest, first (24 days)$675.47
Fees + prepaids$19,370.80
Your down payment is the seller’s equity. You take over the $353,016 balance, so the rest of the $989,000 price is paid at closing. A second mortgage can cover part of it. $655,354.68 is due at closing. Uses and sources reconcile at $1,008,370.80 each. Not a Closing Disclosure.