Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$426,307Cash toward the purchase price.
Closing costs + prepaids$21,281Not just lender fees.
Before credits & paid funds$447,588The complete starting cash picture.
Estimated remaining funds due at closing
$447,588No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$426,306.98
Your down payment$426,306.98
Closing costs + prepaids$21,281.46
Total buyer cash needed$447,588.43
Remaining funds due$447,588.43
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%)$9,800.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,768.47
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,098.75
Initial HOA (3 months)$588.00
Prepaid interest, first (18 days)$808.24
Fees + prepaids$21,281.46
Your down payment is the seller’s equity. You take over the $553,693 balance, so the rest of the $980,000 price is paid at closing. A second mortgage can cover part of it. $447,588.43 is due at closing. Uses and sources reconcile at $1,001,281.46 each. Not a Closing Disclosure.