Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$398,604Cash toward the purchase price.
Closing costs + prepaids$20,972Not just lender fees.
Before credits & paid funds$419,576The complete starting cash picture.
Estimated remaining funds due at closing
$419,576No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$398,603.73
Your down payment$398,603.73
Closing costs + prepaids$20,971.77
Total buyer cash needed$419,575.51
Remaining funds due$419,575.51
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%)$9,790.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,901.98
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,174.75
Initial HOA (3 months)$462.00
Prepaid interest, first (9 days)$425.04
Fees + prepaids$20,971.77
Your down payment is the seller’s equity. You take over the $580,396 balance, so the rest of the $979,000 price is paid at closing. A second mortgage can cover part of it. $419,575.51 is due at closing. Uses and sources reconcile at $999,971.77 each. Not a Closing Disclosure.