Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$622,039Cash toward the purchase price.
Closing costs + prepaids$21,850Not just lender fees.
Before credits & paid funds$643,889The complete starting cash picture.
Estimated remaining funds due at closing
$643,889No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$622,039.37
Your down payment$622,039.37
Closing costs + prepaids$21,849.58
Total buyer cash needed$643,888.94
Remaining funds due$643,888.94
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%)$10,980.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,379.80
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,205.75
Initial HOA (3 months)$15.00
Prepaid interest, first (26 days)$1,051.03
Fees + prepaids$21,849.58
Your down payment is the seller’s equity. You take over the $475,961 balance, so the rest of the $1,098,000 price is paid at closing. A second mortgage can cover part of it. $643,888.94 is due at closing. Uses and sources reconcile at $1,119,849.58 each. Not a Closing Disclosure.