Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$678,491Cash toward the purchase price.
Closing costs + prepaids$23,333Not just lender fees.
Before credits & paid funds$701,825The complete starting cash picture.
Estimated remaining funds due at closing
$701,825No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$678,491.45
Your down payment$678,491.45
Closing costs + prepaids$23,333.29
Total buyer cash needed$701,824.74
Remaining funds due$701,824.74
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%)$11,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,107.54
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,750.00
Initial HOA (3 months)$375.00
Prepaid interest, first (28 days)$882.74
Fees + prepaids$23,333.29
Your down payment is the seller’s equity. You take over the $421,509 balance, so the rest of the $1,100,000 price is paid at closing. A second mortgage can cover part of it. $701,824.74 is due at closing. Uses and sources reconcile at $1,123,333.29 each. Not a Closing Disclosure.