Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$617,016Cash toward the purchase price.
Closing costs + prepaids$21,364Not just lender fees.
Before credits & paid funds$638,380The complete starting cash picture.
Estimated remaining funds due at closing
$638,380No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$617,016.13
Your down payment$617,016.13
Closing costs + prepaids$21,363.61
Total buyer cash needed$638,379.75
Remaining funds due$638,379.75
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%)$10,350.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,089.92
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,558.75
Initial HOA (3 months)$185.01
Prepaid interest, first (24 days)$961.94
Fees + prepaids$21,363.61
Your down payment is the seller’s equity. You take over the $417,984 balance, so the rest of the $1,035,000 price is paid at closing. A second mortgage can cover part of it. $638,379.75 is due at closing. Uses and sources reconcile at $1,056,363.61 each. Not a Closing Disclosure.