Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$584,187Cash toward the purchase price.
Closing costs + prepaids$23,199Not just lender fees.
Before credits & paid funds$607,386The complete starting cash picture.
Estimated remaining funds due at closing
$607,386No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$584,187.48
Your down payment$584,187.48
Closing costs + prepaids$23,198.98
Total buyer cash needed$607,386.45
Remaining funds due$607,386.45
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%)$11,450.00
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)$1,374.00
Initial HOA (3 months)$396.00
Prepaid interest, first (9 days)$956.92
Fees + prepaids$23,198.98
Your down payment is the seller’s equity. You take over the $560,813 balance, so the rest of the $1,145,000 price is paid at closing. A second mortgage can cover part of it. $607,386.45 is due at closing. Uses and sources reconcile at $1,168,198.98 each. Not a Closing Disclosure.