Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$422,019Cash toward the purchase price.
Closing costs + prepaids$23,677Not just lender fees.
Before credits & paid funds$445,696The complete starting cash picture.
Estimated remaining funds due at closing
$445,696No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$422,019.50
Your down payment$422,019.50
Closing costs + prepaids$23,676.59
Total buyer cash needed$445,696.08
Remaining funds due$445,696.08
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%)$10,680.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,229.90
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,225.75
Prepaid interest, first (25 days)$1,322.93
Fees + prepaids$23,676.59
Your down payment is the seller’s equity. You take over the $645,981 balance, so the rest of the $1,068,000 price is paid at closing. A second mortgage can cover part of it. $445,696.08 is due at closing. Uses and sources reconcile at $1,091,676.59 each. Not a Closing Disclosure.