Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$447,655Cash toward the purchase price.
Closing costs + prepaids$22,888Not just lender fees.
Before credits & paid funds$470,543The complete starting cash picture.
Estimated remaining funds due at closing
$470,543No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$447,654.71
Your down payment$447,654.71
Closing costs + prepaids$22,888.36
Total buyer cash needed$470,543.07
Remaining funds due$470,543.07
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%)$10,700.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,111.73
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,077.75
Initial HOA (3 months)$165.00
Prepaid interest, first (27 days)$1,615.88
Fees + prepaids$22,888.36
Your down payment is the seller’s equity. You take over the $622,345 balance, so the rest of the $1,070,000 price is paid at closing. A second mortgage can cover part of it. $470,543.07 is due at closing. Uses and sources reconcile at $1,092,888.36 each. Not a Closing Disclosure.