Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$659,402Cash toward the purchase price.
Closing costs + prepaids$22,071Not just lender fees.
Before credits & paid funds$681,472The complete starting cash picture.
Estimated remaining funds due at closing
$681,472No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$659,401.69
Your down payment$659,401.69
Closing costs + prepaids$22,070.77
Total buyer cash needed$681,472.46
Remaining funds due$681,472.46
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%)$11,490.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,447.99
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,378.75
Initial HOA (3 months)$198.00
Prepaid interest, first (9 days)$338.02
Fees + prepaids$22,070.77
Your down payment is the seller’s equity. You take over the $489,598 balance, so the rest of the $1,149,000 price is paid at closing. A second mortgage can cover part of it. $681,472.46 is due at closing. Uses and sources reconcile at $1,171,070.77 each. Not a Closing Disclosure.