Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$516,645Cash toward the purchase price.
Closing costs + prepaids$24,237Not just lender fees.
Before credits & paid funds$540,882The complete starting cash picture.
Estimated remaining funds due at closing
$540,882No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$516,644.82
Your down payment$516,644.82
Closing costs + prepaids$24,237.43
Total buyer cash needed$540,882.25
Remaining funds due$540,882.25
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%)$10,800.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,816.78
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,448.50
Prepaid interest, first (22 days)$954.15
Fees + prepaids$24,237.43
Your down payment is the seller’s equity. You take over the $563,355 balance, so the rest of the $1,080,000 price is paid at closing. A second mortgage can cover part of it. $540,882.25 is due at closing. Uses and sources reconcile at $1,104,237.43 each. Not a Closing Disclosure.