Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$579,061Cash toward the purchase price.
Closing costs + prepaids$19,494Not just lender fees.
Before credits & paid funds$598,555The complete starting cash picture.
Estimated remaining funds due at closing
$598,555No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$579,060.66
Your down payment$579,060.66
Closing costs + prepaids$19,493.89
Total buyer cash needed$598,554.55
Remaining funds due$598,554.55
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%)$9,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,979.70
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,170.00
Prepaid interest, first (12 days)$376.20
Fees + prepaids$19,493.89
Your down payment is the seller’s equity. You take over the $395,939 balance, so the rest of the $975,000 price is paid at closing. A second mortgage can cover part of it. $598,554.55 is due at closing. Uses and sources reconcile at $994,493.89 each. Not a Closing Disclosure.