Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$678,132Cash toward the purchase price.
Closing costs + prepaids$24,250Not just lender fees.
Before credits & paid funds$702,382The complete starting cash picture.
Estimated remaining funds due at closing
$702,382No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$678,132.36
Your down payment$678,132.36
Closing costs + prepaids$24,249.88
Total buyer cash needed$702,382.25
Remaining funds due$702,382.25
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%)$11,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,109.34
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,809.75
Initial HOA (3 months)$453.99
Prepaid interest, first (26 days)$1,658.81
Fees + prepaids$24,249.88
Your down payment is the seller’s equity. You take over the $421,868 balance, so the rest of the $1,100,000 price is paid at closing. A second mortgage can cover part of it. $702,382.25 is due at closing. Uses and sources reconcile at $1,124,249.88 each. Not a Closing Disclosure.