Follow the dollars · Assumption only
A complete cash picture for Dec 26, 2026
Your down payment$402,286Cash toward the purchase price.
Closing costs + prepaids$20,767Not just lender fees.
Before credits & paid funds$423,053The complete starting cash picture.
Estimated remaining funds due at closing
$423,053No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$402,286.20
Your down payment$402,286.20
Closing costs + prepaids$20,767.26
Total buyer cash needed$423,053.46
Remaining funds due$423,053.46
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%)$9,900.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,938.57
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,188.00
Initial HOA (3 months)$200.01
Prepaid interest, first (6 days)$322.68
Fees + prepaids$20,767.26
Your down payment is the seller’s equity. You take over the $587,714 balance, so the rest of the $990,000 price is paid at closing. A second mortgage can cover part of it. $423,053.46 is due at closing. Uses and sources reconcile at $1,010,767.26 each. Not a Closing Disclosure.