Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$588,118Cash toward the purchase price.
Closing costs + prepaids$12,564Not just lender fees.
Before credits & paid funds$600,682The complete starting cash picture.
Estimated remaining funds due at closing
$600,682No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$588,117.90
Your down payment$588,117.90
Closing costs + prepaids$12,563.70
Total buyer cash needed$600,681.60
Remaining funds due$600,681.60
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%)$5,990.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$54.41
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$672.50
Initial HOA (3 months)$351.51
Prepaid interest, first (30 days)$27.28
Fees + prepaids$12,563.70
Your down payment is the seller’s equity. You take over the $10,882 balance, so the rest of the $599,000 price is paid at closing. A second mortgage can cover part of it. $600,681.60 is due at closing. Uses and sources reconcile at $611,563.70 each. Not a Closing Disclosure.