Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$597,329Cash toward the purchase price.
Closing costs + prepaids$20,231Not just lender fees.
Before credits & paid funds$617,560The complete starting cash picture.
Estimated remaining funds due at closing
$617,560No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$597,328.57
Your down payment$597,328.57
Closing costs + prepaids$20,231.38
Total buyer cash needed$617,559.95
Remaining funds due$617,559.95
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%)$9,990.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,008.36
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,097.25
Initial HOA (3 months)$41.25
Prepaid interest, first (27 days)$876.52
Fees + prepaids$20,231.38
Your down payment is the seller’s equity. You take over the $401,671 balance, so the rest of the $999,000 price is paid at closing. A second mortgage can cover part of it. $617,559.95 is due at closing. Uses and sources reconcile at $1,019,231.38 each. Not a Closing Disclosure.