Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$407,585Cash toward the purchase price.
Closing costs + prepaids$12,653Not just lender fees.
Before credits & paid funds$420,238The complete starting cash picture.
Estimated remaining funds due at closing
$420,238No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$407,584.71
Your down payment$407,584.71
Closing costs + prepaids$12,653.32
Total buyer cash needed$420,238.04
Remaining funds due$420,238.04
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%)$5,270.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$597.08
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$975.50
Initial HOA (3 months)$126.00
Prepaid interest, first (25 days)$216.75
Fees + prepaids$12,653.32
Your down payment is the seller’s equity. You take over the $119,415 balance, so the rest of the $527,000 price is paid at closing. A second mortgage can cover part of it. $420,238.04 is due at closing. Uses and sources reconcile at $539,653.32 each. Not a Closing Disclosure.