Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$638,771Cash toward the purchase price.
Closing costs + prepaids$17,634Not just lender fees.
Before credits & paid funds$656,406The complete starting cash picture.
Estimated remaining funds due at closing
$656,406No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$638,771.23
Your down payment$638,771.23
Closing costs + prepaids$17,634.37
Total buyer cash needed$656,405.60
Remaining funds due$656,405.60
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%)$1,206.14
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$727.25
Initial HOA (3 months)$54.00
Prepaid interest, first (31 days)$628.98
Fees + prepaids$17,634.37
Your down payment is the seller’s equity. You take over the $241,229 balance, so the rest of the $880,000 price is paid at closing. A second mortgage can cover part of it. $656,405.60 is due at closing. Uses and sources reconcile at $897,634.37 each. Not a Closing Disclosure.