Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$398,638Cash toward the purchase price.
Closing costs + prepaids$25,648Not just lender fees.
Before credits & paid funds$424,286The complete starting cash picture.
Estimated remaining funds due at closing
$424,286No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$398,637.86
Your down payment$398,637.86
Closing costs + prepaids$25,647.64
Total buyer cash needed$424,285.50
Remaining funds due$424,285.50
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%)$9,990.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,001.81
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,497.50
Initial HOA (3 months)$2,760.00
Prepaid interest, first (24 days)$1,180.33
Fees + prepaids$25,647.64
Your down payment is the seller’s equity. You take over the $600,362 balance, so the rest of the $999,000 price is paid at closing. A second mortgage can cover part of it. $424,285.50 is due at closing. Uses and sources reconcile at $1,024,647.64 each. Not a Closing Disclosure.