Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$587,353Cash toward the purchase price.
Closing costs + prepaids$27,636Not just lender fees.
Before credits & paid funds$614,989The complete starting cash picture.
Estimated remaining funds due at closing
$614,989No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$587,353.42
Your down payment$587,353.42
Closing costs + prepaids$27,635.96
Total buyer cash needed$614,989.38
Remaining funds due$614,989.38
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%)$12,150.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,138.23
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,037.50
Initial HOA (3 months)$1,590.00
Prepaid interest, first (28 days)$1,502.22
Fees + prepaids$27,635.96
Your down payment is the seller’s equity. You take over the $627,647 balance, so the rest of the $1,215,000 price is paid at closing. A second mortgage can cover part of it. $614,989.38 is due at closing. Uses and sources reconcile at $1,242,635.96 each. Not a Closing Disclosure.