Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$672,741Cash toward the purchase price.
Closing costs + prepaids$22,229Not just lender fees.
Before credits & paid funds$694,970The complete starting cash picture.
Estimated remaining funds due at closing
$694,970No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$672,741.26
Your down payment$672,741.26
Closing costs + prepaids$22,229.03
Total buyer cash needed$694,970.28
Remaining funds due$694,970.28
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%)$11,450.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,361.29
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,113.00
Initial HOA (3 months)$21.24
Prepaid interest, first (27 days)$1,065.49
Fees + prepaids$22,229.03
Your down payment is the seller’s equity. You take over the $472,259 balance, so the rest of the $1,145,000 price is paid at closing. A second mortgage can cover part of it. $694,970.28 is due at closing. Uses and sources reconcile at $1,167,229.03 each. Not a Closing Disclosure.