Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$581,240Cash toward the purchase price.
Closing costs + prepaids$28,923Not just lender fees.
Before credits & paid funds$610,164The complete starting cash picture.
Estimated remaining funds due at closing
$610,164No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$581,240.44
Your down payment$581,240.44
Closing costs + prepaids$28,923.38
Total buyer cash needed$610,163.82
Remaining funds due$610,163.82
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%)$3,468.80
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,187.50
Initial HOA (3 months)$1,080.00
Prepaid interest, first (25 days)$2,219.08
Fees + prepaids$28,923.38
Your down payment is the seller’s equity. You take over the $693,760 balance, so the rest of the $1,275,000 price is paid at closing. A second mortgage can cover part of it. $610,163.82 is due at closing. Uses and sources reconcile at $1,303,923.38 each. Not a Closing Disclosure.