Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$596,486Cash toward the purchase price.
Closing costs + prepaids$28,088Not just lender fees.
Before credits & paid funds$624,574The complete starting cash picture.
Estimated remaining funds due at closing
$624,574No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$596,486.23
Your down payment$596,486.23
Closing costs + prepaids$28,088.25
Total buyer cash needed$624,574.47
Remaining funds due$624,574.47
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%)$13,980.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$4,007.57
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,096.00
Initial HOA (3 months)$405.00
Prepaid interest, first (22 days)$1,381.68
Fees + prepaids$28,088.25
Your down payment is the seller’s equity. You take over the $801,514 balance, so the rest of the $1,398,000 price is paid at closing. A second mortgage can cover part of it. $624,574.47 is due at closing. Uses and sources reconcile at $1,426,088.25 each. Not a Closing Disclosure.