Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$560,902Cash toward the purchase price.
Closing costs + prepaids$20,118Not just lender fees.
Before credits & paid funds$581,020The complete starting cash picture.
Estimated remaining funds due at closing
$581,020No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$560,902.15
Your down payment$560,902.15
Closing costs + prepaids$20,118.12
Total buyer cash needed$581,020.27
Remaining funds due$581,020.27
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%)$8,800.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,595.49
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,200.00
Initial HOA (3 months)$675.00
Prepaid interest, first (26 days)$629.63
Fees + prepaids$20,118.12
Your down payment is the seller’s equity. You take over the $319,098 balance, so the rest of the $880,000 price is paid at closing. A second mortgage can cover part of it. $581,020.27 is due at closing. Uses and sources reconcile at $900,118.12 each. Not a Closing Disclosure.