Follow the dollars · Assumption only
A complete cash picture for Dec 15, 2026
Your down payment$497,370Cash toward the purchase price.
Closing costs + prepaids$23,277Not just lender fees.
Before credits & paid funds$520,648The complete starting cash picture.
Estimated remaining funds due at closing
$520,648No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$497,370.24
Your down payment$497,370.24
Closing costs + prepaids$23,277.33
Total buyer cash needed$520,647.58
Remaining funds due$520,647.58
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%)$11,249.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,137.65
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,406.25
Initial HOA (3 months)$375.00
Prepaid interest, first (17 days)$891.44
Fees + prepaids$23,277.33
Your down payment is the seller’s equity. You take over the $627,530 balance, so the rest of the $1,124,900 price is paid at closing. A second mortgage can cover part of it. $520,647.58 is due at closing. Uses and sources reconcile at $1,148,177.33 each. Not a Closing Disclosure.