Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$530,106Cash toward the purchase price.
Closing costs + prepaids$24,971Not just lender fees.
Before credits & paid funds$555,076The complete starting cash picture.
Estimated remaining funds due at closing
$555,076No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$530,105.52
Your down payment$530,105.52
Closing costs + prepaids$24,970.58
Total buyer cash needed$555,076.10
Remaining funds due$555,076.10
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%)$11,490.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,094.47
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,872.50
Prepaid interest, first (27 days)$1,295.61
Fees + prepaids$24,970.58
Your down payment is the seller’s equity. You take over the $618,894 balance, so the rest of the $1,149,000 price is paid at closing. A second mortgage can cover part of it. $555,076.10 is due at closing. Uses and sources reconcile at $1,173,970.58 each. Not a Closing Disclosure.