Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$504,668Cash toward the purchase price.
Closing costs + prepaids$23,274Not just lender fees.
Before credits & paid funds$527,942The complete starting cash picture.
Estimated remaining funds due at closing
$527,942No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$504,668.26
Your down payment$504,668.26
Closing costs + prepaids$23,273.94
Total buyer cash needed$527,942.20
Remaining funds due$527,942.20
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%)$10,200.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,576.66
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,550.00
Initial HOA (3 months)$654.00
Prepaid interest, first (28 days)$1,075.28
Fees + prepaids$23,273.94
Your down payment is the seller’s equity. You take over the $515,332 balance, so the rest of the $1,020,000 price is paid at closing. A second mortgage can cover part of it. $527,942.20 is due at closing. Uses and sources reconcile at $1,043,273.94 each. Not a Closing Disclosure.