Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$650,163Cash toward the purchase price.
Closing costs + prepaids$26,602Not just lender fees.
Before credits & paid funds$676,765The complete starting cash picture.
Estimated remaining funds due at closing
$676,765No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$650,163.21
Your down payment$650,163.21
Closing costs + prepaids$26,601.60
Total buyer cash needed$676,764.81
Remaining funds due$676,764.81
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%)$12,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,124.18
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,187.50
Prepaid interest, first (27 days)$1,321.91
Fees + prepaids$26,601.60
Your down payment is the seller’s equity. You take over the $624,837 balance, so the rest of the $1,275,000 price is paid at closing. A second mortgage can cover part of it. $676,764.81 is due at closing. Uses and sources reconcile at $1,301,601.60 each. Not a Closing Disclosure.