Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$402,286Cash toward the purchase price.
Closing costs + prepaids$22,227Not just lender fees.
Before credits & paid funds$424,513The complete starting cash picture.
Estimated remaining funds due at closing
$424,513No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$402,286.20
Your down payment$402,286.20
Closing costs + prepaids$22,226.97
Total buyer cash needed$424,513.18
Remaining funds due$424,513.18
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%)$9,900.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,938.57
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,357.00
Initial HOA (3 months)$200.01
Prepaid interest, first (30 days)$1,613.40
Fees + prepaids$22,226.97
Your down payment is the seller’s equity. You take over the $587,714 balance, so the rest of the $990,000 price is paid at closing. A second mortgage can cover part of it. $424,513.18 is due at closing. Uses and sources reconcile at $1,012,226.97 each. Not a Closing Disclosure.