Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$588,663Cash toward the purchase price.
Closing costs + prepaids$22,448Not just lender fees.
Before credits & paid funds$611,111The complete starting cash picture.
Estimated remaining funds due at closing
$611,111No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$588,662.55
Your down payment$588,662.55
Closing costs + prepaids$22,448.42
Total buyer cash needed$611,110.97
Remaining funds due$611,110.97
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%)$11,590.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,851.69
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,390.75
Prepaid interest, first (9 days)$397.99
Fees + prepaids$22,448.42
Your down payment is the seller’s equity. You take over the $570,337 balance, so the rest of the $1,159,000 price is paid at closing. A second mortgage can cover part of it. $611,110.97 is due at closing. Uses and sources reconcile at $1,181,448.42 each. Not a Closing Disclosure.