Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$624,333Cash toward the purchase price.
Closing costs + prepaids$21,978Not just lender fees.
Before credits & paid funds$646,311The complete starting cash picture.
Estimated remaining funds due at closing
$646,311No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$624,332.75
Your down payment$624,332.75
Closing costs + prepaids$21,978.12
Total buyer cash needed$646,310.86
Remaining funds due$646,310.86
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%)$11,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,378.34
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,320.00
Initial HOA (3 months)$75.00
Prepaid interest, first (12 days)$986.78
Fees + prepaids$21,978.12
Your down payment is the seller’s equity. You take over the $475,667 balance, so the rest of the $1,100,000 price is paid at closing. A second mortgage can cover part of it. $646,310.86 is due at closing. Uses and sources reconcile at $1,121,978.12 each. Not a Closing Disclosure.