Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$602,900Cash toward the purchase price.
Closing costs + prepaids$23,504Not just lender fees.
Before credits & paid funds$626,404The complete starting cash picture.
Estimated remaining funds due at closing
$626,404No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$602,899.51
Your down payment$602,899.51
Closing costs + prepaids$23,504.06
Total buyer cash needed$626,403.58
Remaining funds due$626,403.58
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%)$11,163.45
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,567.23
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,289.50
Initial HOA (3 months)$375.00
Prepaid interest, first (22 days)$1,890.89
Fees + prepaids$23,504.06
Your down payment is the seller’s equity. You take over the $513,445 balance, so the rest of the $1,116,345 price is paid at closing. A second mortgage can cover part of it. $626,403.58 is due at closing. Uses and sources reconcile at $1,139,849.06 each. Not a Closing Disclosure.