Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$602,218Cash toward the purchase price.
Closing costs + prepaids$17,653Not just lender fees.
Before credits & paid funds$619,871The complete starting cash picture.
Estimated remaining funds due at closing
$619,871No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$602,217.98
Your down payment$602,217.98
Closing costs + prepaids$17,653.32
Total buyer cash needed$619,871.31
Remaining funds due$619,871.31
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%)$8,800.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,388.91
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,056.00
Prepaid interest, first (9 days)$190.41
Fees + prepaids$17,653.32
Your down payment is the seller’s equity. You take over the $277,782 balance, so the rest of the $880,000 price is paid at closing. A second mortgage can cover part of it. $619,871.31 is due at closing. Uses and sources reconcile at $897,653.32 each. Not a Closing Disclosure.