Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$502,186Cash toward the purchase price.
Closing costs + prepaids$21,560Not just lender fees.
Before credits & paid funds$523,746The complete starting cash picture.
Estimated remaining funds due at closing
$523,746No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$502,186.36
Your down payment$502,186.36
Closing costs + prepaids$21,559.94
Total buyer cash needed$523,746.31
Remaining funds due$523,746.31
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%)$10,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,739.07
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,402.50
Initial HOA (3 months)$657.00
Prepaid interest, first (1 days)$43.37
Fees + prepaids$21,559.94
Your down payment is the seller’s equity. You take over the $547,814 balance, so the rest of the $1,050,000 price is paid at closing. A second mortgage can cover part of it. $523,746.31 is due at closing. Uses and sources reconcile at $1,071,559.94 each. Not a Closing Disclosure.