Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$604,105Cash toward the purchase price.
Closing costs + prepaids$20,702Not just lender fees.
Before credits & paid funds$624,807The complete starting cash picture.
Estimated remaining funds due at closing
$624,807No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$604,105.18
Your down payment$604,105.18
Closing costs + prepaids$20,701.70
Total buyer cash needed$624,806.88
Remaining funds due$624,806.88
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%)$10,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,229.47
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$623.50
Initial HOA (3 months)$31.26
Prepaid interest, first (25 days)$1,099.47
Fees + prepaids$20,701.70
Your down payment is the seller’s equity. You take over the $445,895 balance, so the rest of the $1,050,000 price is paid at closing. A second mortgage can cover part of it. $624,806.88 is due at closing. Uses and sources reconcile at $1,070,701.70 each. Not a Closing Disclosure.