Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$479,182Cash toward the purchase price.
Closing costs + prepaids$23,080Not just lender fees.
Before credits & paid funds$502,261The complete starting cash picture.
Estimated remaining funds due at closing
$502,261No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$479,181.65
Your down payment$479,181.65
Closing costs + prepaids$23,079.59
Total buyer cash needed$502,261.24
Remaining funds due$502,261.24
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%)$12,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,604.09
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$941.75
Initial HOA (3 months)$256.50
Prepaid interest, first (1 days)$59.25
Fees + prepaids$23,079.59
Your down payment is the seller’s equity. You take over the $720,818 balance, so the rest of the $1,200,000 price is paid at closing. A second mortgage can cover part of it. $502,261.24 is due at closing. Uses and sources reconcile at $1,223,079.59 each. Not a Closing Disclosure.