Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$644,758Cash toward the purchase price.
Closing costs + prepaids$20,014Not just lender fees.
Before credits & paid funds$664,772The complete starting cash picture.
Estimated remaining funds due at closing
$664,772No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$644,758.30
Your down payment$644,758.30
Closing costs + prepaids$20,013.96
Total buyer cash needed$664,772.25
Remaining funds due$664,772.25
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%)$10,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,026.21
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$52.25
Initial HOA (3 months)$125.01
Prepaid interest, first (24 days)$1,092.49
Fees + prepaids$20,013.96
Your down payment is the seller’s equity. You take over the $405,242 balance, so the rest of the $1,050,000 price is paid at closing. A second mortgage can cover part of it. $664,772.25 is due at closing. Uses and sources reconcile at $1,070,013.96 each. Not a Closing Disclosure.