Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$465,113Cash toward the purchase price.
Closing costs + prepaids$21,876Not just lender fees.
Before credits & paid funds$486,988The complete starting cash picture.
Estimated remaining funds due at closing
$486,988No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$465,112.84
Your down payment$465,112.84
Closing costs + prepaids$21,875.52
Total buyer cash needed$486,988.35
Remaining funds due$486,988.35
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%)$10,250.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,799.44
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,196.50
Initial HOA (3 months)$187.50
Prepaid interest, first (28 days)$1,224.08
Fees + prepaids$21,875.52
Your down payment is the seller’s equity. You take over the $559,887 balance, so the rest of the $1,025,000 price is paid at closing. A second mortgage can cover part of it. $486,988.35 is due at closing. Uses and sources reconcile at $1,046,875.52 each. Not a Closing Disclosure.