Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$471,493Cash toward the purchase price.
Closing costs + prepaids$26,831Not just lender fees.
Before credits & paid funds$498,324The complete starting cash picture.
Estimated remaining funds due at closing
$498,324No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$471,492.93
Your down payment$471,492.93
Closing costs + prepaids$26,831.21
Total buyer cash needed$498,324.14
Remaining funds due$498,324.14
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%)$11,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,567.54
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,962.50
Prepaid interest, first (28 days)$2,233.18
Fees + prepaids$26,831.21
Your down payment is the seller’s equity. You take over the $713,507 balance, so the rest of the $1,185,000 price is paid at closing. A second mortgage can cover part of it. $498,324.14 is due at closing. Uses and sources reconcile at $1,211,831.21 each. Not a Closing Disclosure.