Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$703,935Cash toward the purchase price.
Closing costs + prepaids$20,859Not just lender fees.
Before credits & paid funds$724,795The complete starting cash picture.
Estimated remaining funds due at closing
$724,795No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$703,935.33
Your down payment$703,935.33
Closing costs + prepaids$20,859.32
Total buyer cash needed$724,794.65
Remaining funds due$724,794.65
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%)$10,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,480.32
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,500.00
Prepaid interest, first (29 days)$660.99
Fees + prepaids$20,859.32
Your down payment is the seller’s equity. You take over the $296,065 balance, so the rest of the $1,000,000 price is paid at closing. A second mortgage can cover part of it. $724,794.65 is due at closing. Uses and sources reconcile at $1,020,859.32 each. Not a Closing Disclosure.