Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$557,492Cash toward the purchase price.
Closing costs + prepaids$21,396Not just lender fees.
Before credits & paid funds$578,888The complete starting cash picture.
Estimated remaining funds due at closing
$578,888No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$557,492.01
Your down payment$557,492.01
Closing costs + prepaids$21,396.32
Total buyer cash needed$578,888.33
Remaining funds due$578,888.33
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%)$2,207.54
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,845.75
Initial HOA (3 months)$31.26
Prepaid interest, first (25 days)$1,103.77
Fees + prepaids$21,396.32
Your down payment is the seller’s equity. You take over the $441,508 balance, so the rest of the $999,000 price is paid at closing. A second mortgage can cover part of it. $578,888.33 is due at closing. Uses and sources reconcile at $1,020,396.32 each. Not a Closing Disclosure.