Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$625,429Cash toward the purchase price.
Closing costs + prepaids$27,201Not just lender fees.
Before credits & paid funds$652,629The complete starting cash picture.
Estimated remaining funds due at closing
$652,629No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$625,428.66
Your down payment$625,428.66
Closing costs + prepaids$27,200.72
Total buyer cash needed$652,629.38
Remaining funds due$652,629.38
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%)$13,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,372.86
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,250.00
Prepaid interest, first (26 days)$1,359.86
Fees + prepaids$27,200.72
Your down payment is the seller’s equity. You take over the $674,571 balance, so the rest of the $1,300,000 price is paid at closing. A second mortgage can cover part of it. $652,629.38 is due at closing. Uses and sources reconcile at $1,327,200.72 each. Not a Closing Disclosure.