Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$560,194Cash toward the purchase price.
Closing costs + prepaids$23,956Not just lender fees.
Before credits & paid funds$584,150The complete starting cash picture.
Estimated remaining funds due at closing
$584,150No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$560,193.93
Your down payment$560,193.93
Closing costs + prepaids$23,956.09
Total buyer cash needed$584,150.02
Remaining funds due$584,150.02
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%)$12,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,199.03
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,196.25
Initial HOA (3 months)$279.00
Prepaid interest, first (1 days)$63.81
Fees + prepaids$23,956.09
Your down payment is the seller’s equity. You take over the $639,806 balance, so the rest of the $1,200,000 price is paid at closing. A second mortgage can cover part of it. $584,150.02 is due at closing. Uses and sources reconcile at $1,223,956.09 each. Not a Closing Disclosure.