Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$556,939Cash toward the purchase price.
Closing costs + prepaids$18,268Not just lender fees.
Before credits & paid funds$575,207The complete starting cash picture.
Estimated remaining funds due at closing
$575,207No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$556,938.93
Your down payment$556,938.93
Closing costs + prepaids$18,268.25
Total buyer cash needed$575,207.18
Remaining funds due$575,207.18
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%)$1,615.31
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,056.00
Initial HOA (3 months)$255.00
Prepaid interest, first (12 days)$323.95
Fees + prepaids$18,268.25
Your down payment is the seller’s equity. You take over the $323,061 balance, so the rest of the $880,000 price is paid at closing. A second mortgage can cover part of it. $575,207.18 is due at closing. Uses and sources reconcile at $898,268.25 each. Not a Closing Disclosure.