Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$617,777Cash toward the purchase price.
Closing costs + prepaids$20,399Not just lender fees.
Before credits & paid funds$638,177The complete starting cash picture.
Estimated remaining funds due at closing
$638,177No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$617,777.27
Your down payment$617,777.27
Closing costs + prepaids$20,399.41
Total buyer cash needed$638,176.68
Remaining funds due$638,176.68
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%)$9,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,836.11
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,462.50
Prepaid interest, first (1 days)$32.80
Fees + prepaids$20,399.41
Your down payment is the seller’s equity. You take over the $367,223 balance, so the rest of the $985,000 price is paid at closing. A second mortgage can cover part of it. $638,176.68 is due at closing. Uses and sources reconcile at $1,005,399.41 each. Not a Closing Disclosure.