Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$578,688Cash toward the purchase price.
Closing costs + prepaids$28,500Not just lender fees.
Before credits & paid funds$607,189The complete starting cash picture.
Estimated remaining funds due at closing
$607,189No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$578,688.24
Your down payment$578,688.24
Closing costs + prepaids$28,500.36
Total buyer cash needed$607,188.61
Remaining funds due$607,188.61
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%)$13,990.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$4,101.56
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,758.25
Initial HOA (3 months)$600.00
Prepaid interest, first (27 days)$1,832.55
Fees + prepaids$28,500.36
Your down payment is the seller’s equity. You take over the $820,312 balance, so the rest of the $1,399,000 price is paid at closing. A second mortgage can cover part of it. $607,188.61 is due at closing. Uses and sources reconcile at $1,427,500.36 each. Not a Closing Disclosure.