Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$485,789Cash toward the purchase price.
Closing costs + prepaids$20,631Not just lender fees.
Before credits & paid funds$506,420The complete starting cash picture.
Estimated remaining funds due at closing
$506,420No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$485,789.21
Your down payment$485,789.21
Closing costs + prepaids$20,631.07
Total buyer cash needed$506,420.28
Remaining funds due$506,420.28
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%)$9,950.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,546.05
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$890.50
Prepaid interest, first (26 days)$1,026.51
Fees + prepaids$20,631.07
Your down payment is the seller’s equity. You take over the $509,211 balance, so the rest of the $995,000 price is paid at closing. A second mortgage can cover part of it. $506,420.28 is due at closing. Uses and sources reconcile at $1,015,631.07 each. Not a Closing Disclosure.