Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$694,226Cash toward the purchase price.
Closing costs + prepaids$23,399Not just lender fees.
Before credits & paid funds$717,625The complete starting cash picture.
Estimated remaining funds due at closing
$717,625No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$694,225.65
Your down payment$694,225.65
Closing costs + prepaids$23,399.50
Total buyer cash needed$717,625.15
Remaining funds due$717,625.15
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%)$10,990.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,023.87
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,747.50
Initial HOA (3 months)$450.00
Prepaid interest, first (27 days)$970.13
Fees + prepaids$23,399.50
Your down payment is the seller’s equity. You take over the $404,774 balance, so the rest of the $1,099,000 price is paid at closing. A second mortgage can cover part of it. $717,625.15 is due at closing. Uses and sources reconcile at $1,122,399.50 each. Not a Closing Disclosure.