Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$668,164Cash toward the purchase price.
Closing costs + prepaids$25,640Not just lender fees.
Before credits & paid funds$693,804The complete starting cash picture.
Estimated remaining funds due at closing
$693,804No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$668,164.48
Your down payment$668,164.48
Closing costs + prepaids$25,639.52
Total buyer cash needed$693,803.99
Remaining funds due$693,803.99
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%)$12,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,034.18
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,550.25
Initial HOA (3 months)$570.00
Prepaid interest, first (25 days)$1,517.09
Fees + prepaids$25,639.52
Your down payment is the seller’s equity. You take over the $606,836 balance, so the rest of the $1,275,000 price is paid at closing. A second mortgage can cover part of it. $693,803.99 is due at closing. Uses and sources reconcile at $1,300,639.52 each. Not a Closing Disclosure.