Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$484,724Cash toward the purchase price.
Closing costs + prepaids$24,062Not just lender fees.
Before credits & paid funds$508,786The complete starting cash picture.
Estimated remaining funds due at closing
$508,786No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$484,724.31
Your down payment$484,724.31
Closing costs + prepaids$24,061.87
Total buyer cash needed$508,786.18
Remaining funds due$508,786.18
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%)$10,700.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,926.38
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,675.00
Initial HOA (3 months)$438.00
Prepaid interest, first (24 days)$1,104.49
Fees + prepaids$24,061.87
Your down payment is the seller’s equity. You take over the $585,276 balance, so the rest of the $1,070,000 price is paid at closing. A second mortgage can cover part of it. $508,786.18 is due at closing. Uses and sources reconcile at $1,094,061.87 each. Not a Closing Disclosure.