Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$404,957Cash toward the purchase price.
Closing costs + prepaids$19,479Not just lender fees.
Before credits & paid funds$424,436The complete starting cash picture.
Estimated remaining funds due at closing
$424,436No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$404,957.22
Your down payment$404,957.22
Closing costs + prepaids$19,478.61
Total buyer cash needed$424,435.84
Remaining funds due$424,435.84
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%)$8,890.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,420.21
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$987.50
Initial HOA (3 months)$87.51
Prepaid interest, first (23 days)$875.39
Fees + prepaids$19,478.61
Your down payment is the seller’s equity. You take over the $484,043 balance, so the rest of the $889,000 price is paid at closing. A second mortgage can cover part of it. $424,435.84 is due at closing. Uses and sources reconcile at $908,478.61 each. Not a Closing Disclosure.