Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$450,304Cash toward the purchase price.
Closing costs + prepaids$20,491Not just lender fees.
Before credits & paid funds$470,795The complete starting cash picture.
Estimated remaining funds due at closing
$470,795No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$450,304.14
Your down payment$450,304.14
Closing costs + prepaids$20,491.00
Total buyer cash needed$470,795.14
Remaining funds due$470,795.14
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%)$9,200.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,348.48
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,629.25
Initial HOA (3 months)$195.00
Prepaid interest, first (22 days)$900.27
Fees + prepaids$20,491.00
Your down payment is the seller’s equity. You take over the $469,696 balance, so the rest of the $920,000 price is paid at closing. A second mortgage can cover part of it. $470,795.14 is due at closing. Uses and sources reconcile at $940,491.00 each. Not a Closing Disclosure.