Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$505,228Cash toward the purchase price.
Closing costs + prepaids$20,359Not just lender fees.
Before credits & paid funds$525,587The complete starting cash picture.
Estimated remaining funds due at closing
$525,587No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$505,227.72
Your down payment$505,227.72
Closing costs + prepaids$20,359.36
Total buyer cash needed$525,587.08
Remaining funds due$525,587.08
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%)$8,999.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,973.36
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,694.25
Initial HOA (3 months)$317.76
Prepaid interest, first (25 days)$1,156.98
Fees + prepaids$20,359.36
Your down payment is the seller’s equity. You take over the $394,672 balance, so the rest of the $899,900 price is paid at closing. A second mortgage can cover part of it. $525,587.08 is due at closing. Uses and sources reconcile at $920,259.36 each. Not a Closing Disclosure.