Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$617,847Cash toward the purchase price.
Closing costs + prepaids$21,294Not just lender fees.
Before credits & paid funds$639,141The complete starting cash picture.
Estimated remaining funds due at closing
$639,141No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$617,846.89
Your down payment$617,846.89
Closing costs + prepaids$21,294.33
Total buyer cash needed$639,141.22
Remaining funds due$639,141.22
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%)$10,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,160.77
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,513.75
Initial HOA (3 months)$93.75
Prepaid interest, first (25 days)$808.07
Fees + prepaids$21,294.33
Your down payment is the seller’s equity. You take over the $432,153 balance, so the rest of the $1,050,000 price is paid at closing. A second mortgage can cover part of it. $639,141.22 is due at closing. Uses and sources reconcile at $1,071,294.33 each. Not a Closing Disclosure.