Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$592,107Cash toward the purchase price.
Closing costs + prepaids$22,312Not just lender fees.
Before credits & paid funds$614,418The complete starting cash picture.
Estimated remaining funds due at closing
$614,418No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$592,106.65
Your down payment$592,106.65
Closing costs + prepaids$22,311.75
Total buyer cash needed$614,418.40
Remaining funds due$614,418.40
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%)$10,800.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,439.47
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,051.75
Prepaid interest, first (31 days)$1,802.53
Fees + prepaids$22,311.75
Your down payment is the seller’s equity. You take over the $487,893 balance, so the rest of the $1,080,000 price is paid at closing. A second mortgage can cover part of it. $614,418.40 is due at closing. Uses and sources reconcile at $1,102,311.75 each. Not a Closing Disclosure.