Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$563,755Cash toward the purchase price.
Closing costs + prepaids$21,477Not just lender fees.
Before credits & paid funds$585,232The complete starting cash picture.
Estimated remaining funds due at closing
$585,232No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$563,755.19
Your down payment$563,755.19
Closing costs + prepaids$21,477.04
Total buyer cash needed$585,232.23
Remaining funds due$585,232.23
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%)$9,600.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,981.22
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,400.00
Initial HOA (3 months)$504.00
Prepaid interest, first (24 days)$773.82
Fees + prepaids$21,477.04
Your down payment is the seller’s equity. You take over the $396,245 balance, so the rest of the $960,000 price is paid at closing. A second mortgage can cover part of it. $585,232.23 is due at closing. Uses and sources reconcile at $981,477.04 each. Not a Closing Disclosure.