Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$490,463Cash toward the purchase price.
Closing costs + prepaids$24,226Not just lender fees.
Before credits & paid funds$514,689The complete starting cash picture.
Estimated remaining funds due at closing
$514,689No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$490,462.81
Your down payment$490,462.81
Closing costs + prepaids$24,226.41
Total buyer cash needed$514,689.22
Remaining funds due$514,689.22
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%)$11,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,047.69
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,750.00
Prepaid interest, first (25 days)$1,210.72
Fees + prepaids$24,226.41
Your down payment is the seller’s equity. You take over the $609,537 balance, so the rest of the $1,100,000 price is paid at closing. A second mortgage can cover part of it. $514,689.22 is due at closing. Uses and sources reconcile at $1,124,226.41 each. Not a Closing Disclosure.