Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$620,189Cash toward the purchase price.
Closing costs + prepaids$21,374Not just lender fees.
Before credits & paid funds$641,564The complete starting cash picture.
Estimated remaining funds due at closing
$641,564No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$620,189.33
Your down payment$620,189.33
Closing costs + prepaids$21,374.30
Total buyer cash needed$641,563.63
Remaining funds due$641,563.63
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%)$1,699.05
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)$585.00
Prepaid interest, first (27 days)$872.24
Fees + prepaids$21,374.30
Your down payment is the seller’s equity. You take over the $339,811 balance, so the rest of the $960,000 price is paid at closing. A second mortgage can cover part of it. $641,563.63 is due at closing. Uses and sources reconcile at $981,374.30 each. Not a Closing Disclosure.