Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$596,486Cash toward the purchase price.
Closing costs + prepaids$28,591Not just lender fees.
Before credits & paid funds$625,077The complete starting cash picture.
Estimated remaining funds due at closing
$625,077No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$596,486.23
Your down payment$596,486.23
Closing costs + prepaids$28,590.68
Total buyer cash needed$625,076.90
Remaining funds due$625,076.90
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%)$13,980.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$4,007.57
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,096.00
Initial HOA (3 months)$405.00
Prepaid interest, first (30 days)$1,884.11
Fees + prepaids$28,590.68
Your down payment is the seller’s equity. You take over the $801,514 balance, so the rest of the $1,398,000 price is paid at closing. A second mortgage can cover part of it. $625,076.90 is due at closing. Uses and sources reconcile at $1,426,590.68 each. Not a Closing Disclosure.