Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$519,187Cash toward the purchase price.
Closing costs + prepaids$22,577Not just lender fees.
Before credits & paid funds$541,765The complete starting cash picture.
Estimated remaining funds due at closing
$541,765No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$519,187.48
Your down payment$519,187.48
Closing costs + prepaids$22,577.30
Total buyer cash needed$541,764.78
Remaining funds due$541,764.78
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%)$2,804.06
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,296.00
Initial HOA (3 months)$396.00
Prepaid interest, first (10 days)$1,063.24
Fees + prepaids$22,577.30
Your down payment is the seller’s equity. You take over the $560,813 balance, so the rest of the $1,080,000 price is paid at closing. A second mortgage can cover part of it. $541,764.78 is due at closing. Uses and sources reconcile at $1,102,577.30 each. Not a Closing Disclosure.