Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$595,858Cash toward the purchase price.
Closing costs + prepaids$21,027Not just lender fees.
Before credits & paid funds$616,885The complete starting cash picture.
Estimated remaining funds due at closing
$616,885No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$595,857.85
Your down payment$595,857.85
Closing costs + prepaids$21,027.25
Total buyer cash needed$616,885.10
Remaining funds due$616,885.10
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%)$9,490.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,765.71
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,239.75
Initial HOA (3 months)$420.00
Prepaid interest, first (31 days)$893.79
Fees + prepaids$21,027.25
Your down payment is the seller’s equity. You take over the $353,142 balance, so the rest of the $949,000 price is paid at closing. A second mortgage can cover part of it. $616,885.10 is due at closing. Uses and sources reconcile at $970,027.25 each. Not a Closing Disclosure.