Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$591,037Cash toward the purchase price.
Closing costs + prepaids$20,573Not just lender fees.
Before credits & paid funds$611,609The complete starting cash picture.
Estimated remaining funds due at closing
$611,609No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$591,036.57
Your down payment$591,036.57
Closing costs + prepaids$20,572.84
Total buyer cash needed$611,609.42
Remaining funds due$611,609.42
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%)$10,800.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,444.82
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,051.75
Prepaid interest, first (1 days)$58.27
Fees + prepaids$20,572.84
Your down payment is the seller’s equity. You take over the $488,963 balance, so the rest of the $1,080,000 price is paid at closing. A second mortgage can cover part of it. $611,609.42 is due at closing. Uses and sources reconcile at $1,100,572.84 each. Not a Closing Disclosure.