Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$629,441Cash toward the purchase price.
Closing costs + prepaids$26,493Not just lender fees.
Before credits & paid funds$655,934The complete starting cash picture.
Estimated remaining funds due at closing
$655,934No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$629,441.31
Your down payment$629,441.31
Closing costs + prepaids$26,492.94
Total buyer cash needed$655,934.25
Remaining funds due$655,934.25
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%)$12,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,102.79
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,125.00
Prepaid interest, first (25 days)$1,547.15
Fees + prepaids$26,492.94
Your down payment is the seller’s equity. You take over the $620,559 balance, so the rest of the $1,250,000 price is paid at closing. A second mortgage can cover part of it. $655,934.25 is due at closing. Uses and sources reconcile at $1,276,492.94 each. Not a Closing Disclosure.