Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$703,459Cash toward the purchase price.
Closing costs + prepaids$28,805Not just lender fees.
Before credits & paid funds$732,264The complete starting cash picture.
Estimated remaining funds due at closing
$732,264No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$703,459.18
Your down payment$703,459.18
Closing costs + prepaids$28,805.07
Total buyer cash needed$732,264.25
Remaining funds due$732,264.25
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%)$11,999.50
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,482.45
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$5,666.00
Initial HOA (3 months)$62.49
Prepaid interest, first (26 days)$2,376.63
Fees + prepaids$28,805.07
Your down payment is the seller’s equity. You take over the $496,491 balance, so the rest of the $1,199,950 price is paid at closing. A second mortgage can cover part of it. $732,264.25 is due at closing. Uses and sources reconcile at $1,228,755.07 each. Not a Closing Disclosure.