Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$524,384Cash toward the purchase price.
Closing costs + prepaids$26,673Not just lender fees.
Before credits & paid funds$551,058The complete starting cash picture.
Estimated remaining funds due at closing
$551,058No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$524,384.06
Your down payment$524,384.06
Closing costs + prepaids$26,673.46
Total buyer cash needed$551,057.52
Remaining funds due$551,057.52
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%)$10,900.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,828.08
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$5,092.25
Initial HOA (3 months)$537.99
Prepaid interest, first (24 days)$1,097.14
Fees + prepaids$26,673.46
Your down payment is the seller’s equity. You take over the $565,616 balance, so the rest of the $1,090,000 price is paid at closing. A second mortgage can cover part of it. $551,057.52 is due at closing. Uses and sources reconcile at $1,116,673.46 each. Not a Closing Disclosure.