Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$576,809Cash toward the purchase price.
Closing costs + prepaids$24,093Not just lender fees.
Before credits & paid funds$600,901The complete starting cash picture.
Estimated remaining funds due at closing
$600,901No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$576,808.64
Your down payment$576,808.64
Closing costs + prepaids$24,092.85
Total buyer cash needed$600,901.49
Remaining funds due$600,901.49
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%)$12,250.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,240.96
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$933.00
Initial HOA (3 months)$33.75
Prepaid interest, first (30 days)$1,417.14
Fees + prepaids$24,092.85
Your down payment is the seller’s equity. You take over the $648,191 balance, so the rest of the $1,225,000 price is paid at closing. A second mortgage can cover part of it. $600,901.49 is due at closing. Uses and sources reconcile at $1,249,092.85 each. Not a Closing Disclosure.