Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$587,306Cash toward the purchase price.
Closing costs + prepaids$21,705Not just lender fees.
Before credits & paid funds$609,011The complete starting cash picture.
Estimated remaining funds due at closing
$609,011No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$587,306.26
Your down payment$587,306.26
Closing costs + prepaids$21,705.04
Total buyer cash needed$609,011.31
Remaining funds due$609,011.31
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%)$11,590.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,858.47
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$994.25
Prepaid interest, first (1 days)$44.33
Fees + prepaids$21,705.04
Your down payment is the seller’s equity. You take over the $571,694 balance, so the rest of the $1,159,000 price is paid at closing. A second mortgage can cover part of it. $609,011.31 is due at closing. Uses and sources reconcile at $1,180,705.04 each. Not a Closing Disclosure.