Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$542,523Cash toward the purchase price.
Closing costs + prepaids$20,145Not just lender fees.
Before credits & paid funds$562,668The complete starting cash picture.
Estimated remaining funds due at closing
$562,668No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$542,523.28
Your down payment$542,523.28
Closing costs + prepaids$20,144.74
Total buyer cash needed$562,668.01
Remaining funds due$562,668.01
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%)$9,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,037.38
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,367.25
Initial HOA (3 months)$187.50
Prepaid interest, first (28 days)$834.60
Fees + prepaids$20,144.74
Your down payment is the seller’s equity. You take over the $407,477 balance, so the rest of the $950,000 price is paid at closing. A second mortgage can cover part of it. $562,668.01 is due at closing. Uses and sources reconcile at $970,144.74 each. Not a Closing Disclosure.