Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$500,640Cash toward the purchase price.
Closing costs + prepaids$21,671Not just lender fees.
Before credits & paid funds$522,311The complete starting cash picture.
Estimated remaining funds due at closing
$522,311No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$500,639.85
Your down payment$500,639.85
Closing costs + prepaids$21,671.13
Total buyer cash needed$522,310.97
Remaining funds due$522,310.97
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%)$9,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,371.80
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,324.75
Initial HOA (3 months)$186.00
Prepaid interest, first (22 days)$820.58
Fees + prepaids$21,671.13
Your down payment is the seller’s equity. You take over the $474,360 balance, so the rest of the $975,000 price is paid at closing. A second mortgage can cover part of it. $522,310.97 is due at closing. Uses and sources reconcile at $996,671.13 each. Not a Closing Disclosure.