Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$426,674Cash toward the purchase price.
Closing costs + prepaids$21,047Not just lender fees.
Before credits & paid funds$447,721The complete starting cash picture.
Estimated remaining funds due at closing
$447,721No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$426,673.98
Your down payment$426,673.98
Closing costs + prepaids$21,047.35
Total buyer cash needed$447,721.33
Remaining funds due$447,721.33
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%)$9,890.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,811.63
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,186.75
Initial HOA (3 months)$525.00
Prepaid interest, first (9 days)$415.97
Fees + prepaids$21,047.35
Your down payment is the seller’s equity. You take over the $562,326 balance, so the rest of the $989,000 price is paid at closing. A second mortgage can cover part of it. $447,721.33 is due at closing. Uses and sources reconcile at $1,010,047.35 each. Not a Closing Disclosure.