Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$648,856Cash toward the purchase price.
Closing costs + prepaids$21,408Not just lender fees.
Before credits & paid funds$670,265The complete starting cash picture.
Estimated remaining funds due at closing
$670,265No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$648,856.14
Your down payment$648,856.14
Closing costs + prepaids$21,408.44
Total buyer cash needed$670,264.58
Remaining funds due$670,264.58
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%)$9,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,680.72
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,462.50
Prepaid interest, first (26 days)$1,197.22
Fees + prepaids$21,408.44
Your down payment is the seller’s equity. You take over the $336,144 balance, so the rest of the $985,000 price is paid at closing. A second mortgage can cover part of it. $670,264.58 is due at closing. Uses and sources reconcile at $1,006,408.44 each. Not a Closing Disclosure.