Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$508,422Cash toward the purchase price.
Closing costs + prepaids$23,349Not just lender fees.
Before credits & paid funds$531,771The complete starting cash picture.
Estimated remaining funds due at closing
$531,771No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$508,422.29
Your down payment$508,422.29
Closing costs + prepaids$23,348.81
Total buyer cash needed$531,771.10
Remaining funds due$531,771.10
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%)$10,250.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,582.89
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,562.50
Initial HOA (3 months)$654.00
Prepaid interest, first (27 days)$1,081.42
Fees + prepaids$23,348.81
Your down payment is the seller’s equity. You take over the $516,578 balance, so the rest of the $1,025,000 price is paid at closing. A second mortgage can cover part of it. $531,771.10 is due at closing. Uses and sources reconcile at $1,048,348.81 each. Not a Closing Disclosure.