Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$578,199Cash toward the purchase price.
Closing costs + prepaids$20,915Not just lender fees.
Before credits & paid funds$599,114The complete starting cash picture.
Estimated remaining funds due at closing
$599,114No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$578,199.10
Your down payment$578,199.10
Closing costs + prepaids$20,915.35
Total buyer cash needed$599,114.45
Remaining funds due$599,114.45
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%)$8,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,484.00
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,348.75
Initial HOA (3 months)$312.99
Prepaid interest, first (31 days)$801.61
Fees + prepaids$20,915.35
Your down payment is the seller’s equity. You take over the $296,801 balance, so the rest of the $875,000 price is paid at closing. A second mortgage can cover part of it. $599,114.45 is due at closing. Uses and sources reconcile at $895,915.35 each. Not a Closing Disclosure.