Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$702,462Cash toward the purchase price.
Closing costs + prepaids$21,112Not just lender fees.
Before credits & paid funds$723,575The complete starting cash picture.
Estimated remaining funds due at closing
$723,575No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$702,462.21
Your down payment$702,462.21
Closing costs + prepaids$21,112.40
Total buyer cash needed$723,574.61
Remaining funds due$723,574.61
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%)$11,250.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,112.69
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$481.50
Prepaid interest, first (27 days)$1,050.21
Fees + prepaids$21,112.40
Your down payment is the seller’s equity. You take over the $422,538 balance, so the rest of the $1,125,000 price is paid at closing. A second mortgage can cover part of it. $723,574.61 is due at closing. Uses and sources reconcile at $1,146,112.40 each. Not a Closing Disclosure.