Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$464,258Cash toward the purchase price.
Closing costs + prepaids$22,682Not just lender fees.
Before credits & paid funds$486,939The complete starting cash picture.
Estimated remaining funds due at closing
$486,939No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$464,257.79
Your down payment$464,257.79
Closing costs + prepaids$22,681.60
Total buyer cash needed$486,939.39
Remaining funds due$486,939.39
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%)$9,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,603.71
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,462.50
Prepaid interest, first (29 days)$1,547.39
Fees + prepaids$22,681.60
Your down payment is the seller’s equity. You take over the $520,742 balance, so the rest of the $985,000 price is paid at closing. A second mortgage can cover part of it. $486,939.39 is due at closing. Uses and sources reconcile at $1,007,681.60 each. Not a Closing Disclosure.