Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$612,996Cash toward the purchase price.
Closing costs + prepaids$26,884Not just lender fees.
Before credits & paid funds$639,879The complete starting cash picture.
Estimated remaining funds due at closing
$639,879No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$612,995.76
Your down payment$612,995.76
Closing costs + prepaids$26,883.68
Total buyer cash needed$639,879.44
Remaining funds due$639,879.44
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%)$14,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,935.02
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,138.75
Prepaid interest, first (23 days)$1,591.90
Fees + prepaids$26,883.68
Your down payment is the seller’s equity. You take over the $787,004 balance, so the rest of the $1,400,000 price is paid at closing. A second mortgage can cover part of it. $639,879.44 is due at closing. Uses and sources reconcile at $1,426,883.68 each. Not a Closing Disclosure.