Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$601,969Cash toward the purchase price.
Closing costs + prepaids$22,526Not just lender fees.
Before credits & paid funds$624,494The complete starting cash picture.
Estimated remaining funds due at closing
$624,494No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$601,968.58
Your down payment$601,968.58
Closing costs + prepaids$22,525.75
Total buyer cash needed$624,494.33
Remaining funds due$624,494.33
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%)$10,390.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,185.16
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,597.50
Initial HOA (3 months)$273.00
Prepaid interest, first (25 days)$862.09
Fees + prepaids$22,525.75
Your down payment is the seller’s equity. You take over the $437,031 balance, so the rest of the $1,039,000 price is paid at closing. A second mortgage can cover part of it. $624,494.33 is due at closing. Uses and sources reconcile at $1,061,525.75 each. Not a Closing Disclosure.