Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$555,973Cash toward the purchase price.
Closing costs + prepaids$22,929Not just lender fees.
Before credits & paid funds$578,902The complete starting cash picture.
Estimated remaining funds due at closing
$578,902No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$555,972.64
Your down payment$555,972.64
Closing costs + prepaids$22,929.23
Total buyer cash needed$578,901.87
Remaining funds due$578,901.87
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%)$10,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,470.14
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,625.00
Prepaid interest, first (31 days)$1,116.10
Fees + prepaids$22,929.23
Your down payment is the seller’s equity. You take over the $494,027 balance, so the rest of the $1,050,000 price is paid at closing. A second mortgage can cover part of it. $578,901.87 is due at closing. Uses and sources reconcile at $1,072,929.23 each. Not a Closing Disclosure.