Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$511,667Cash toward the purchase price.
Closing costs + prepaids$20,381Not just lender fees.
Before credits & paid funds$532,048The complete starting cash picture.
Estimated remaining funds due at closing
$532,048No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$511,667.15
Your down payment$511,667.15
Closing costs + prepaids$20,381.25
Total buyer cash needed$532,048.40
Remaining funds due$532,048.40
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%)$9,950.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,416.66
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$662.75
Initial HOA (3 months)$240.00
Prepaid interest, first (25 days)$893.83
Fees + prepaids$20,381.25
Your down payment is the seller’s equity. You take over the $483,333 balance, so the rest of the $995,000 price is paid at closing. A second mortgage can cover part of it. $532,048.40 is due at closing. Uses and sources reconcile at $1,015,381.25 each. Not a Closing Disclosure.