Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$500,056Cash toward the purchase price.
Closing costs + prepaids$23,823Not just lender fees.
Before credits & paid funds$523,879The complete starting cash picture.
Estimated remaining funds due at closing
$523,879No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$500,055.78
Your down payment$500,055.78
Closing costs + prepaids$23,823.28
Total buyer cash needed$523,879.06
Remaining funds due$523,879.06
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%)$10,200.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,599.72
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,550.00
Prepaid interest, first (26 days)$2,255.56
Fees + prepaids$23,823.28
Your down payment is the seller’s equity. You take over the $519,944 balance, so the rest of the $1,020,000 price is paid at closing. A second mortgage can cover part of it. $523,879.06 is due at closing. Uses and sources reconcile at $1,043,823.28 each. Not a Closing Disclosure.