Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$596,363Cash toward the purchase price.
Closing costs + prepaids$19,891Not just lender fees.
Before credits & paid funds$616,254The complete starting cash picture.
Estimated remaining funds due at closing
$616,254No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$596,363.43
Your down payment$596,363.43
Closing costs + prepaids$19,891.01
Total buyer cash needed$616,254.45
Remaining funds due$616,254.45
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%)$9,980.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,008.18
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$799.00
Initial HOA (3 months)$182.25
Prepaid interest, first (23 days)$703.58
Fees + prepaids$19,891.01
Your down payment is the seller’s equity. You take over the $401,637 balance, so the rest of the $998,000 price is paid at closing. A second mortgage can cover part of it. $616,254.45 is due at closing. Uses and sources reconcile at $1,017,891.01 each. Not a Closing Disclosure.