Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$550,540Cash toward the purchase price.
Closing costs + prepaids$22,469Not just lender fees.
Before credits & paid funds$573,008The complete starting cash picture.
Estimated remaining funds due at closing
$573,008No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$550,539.85
Your down payment$550,539.85
Closing costs + prepaids$22,468.52
Total buyer cash needed$573,008.37
Remaining funds due$573,008.37
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%)$10,249.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,371.80
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,324.75
Initial HOA (3 months)$186.00
Prepaid interest, first (30 days)$1,118.97
Fees + prepaids$22,468.52
Your down payment is the seller’s equity. You take over the $474,360 balance, so the rest of the $1,024,900 price is paid at closing. A second mortgage can cover part of it. $573,008.37 is due at closing. Uses and sources reconcile at $1,047,368.52 each. Not a Closing Disclosure.