Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$699,231Cash toward the purchase price.
Closing costs + prepaids$19,749Not just lender fees.
Before credits & paid funds$718,980The complete starting cash picture.
Estimated remaining funds due at closing
$718,980No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$699,231.02
Your down payment$699,231.02
Closing costs + prepaids$19,749.42
Total buyer cash needed$718,980.44
Remaining funds due$718,980.44
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%)$9,980.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,493.84
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,056.00
Prepaid interest, first (28 days)$1,001.57
Fees + prepaids$19,749.42
Your down payment is the seller’s equity. You take over the $298,769 balance, so the rest of the $998,000 price is paid at closing. A second mortgage can cover part of it. $718,980.44 is due at closing. Uses and sources reconcile at $1,017,749.42 each. Not a Closing Disclosure.