Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$684,329Cash toward the purchase price.
Closing costs + prepaids$24,179Not just lender fees.
Before credits & paid funds$708,508The complete starting cash picture.
Estimated remaining funds due at closing
$708,508No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$684,329.30
Your down payment$684,329.30
Closing costs + prepaids$24,179.06
Total buyer cash needed$708,508.36
Remaining funds due$708,508.36
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%)$10,490.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,823.35
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,622.50
Initial HOA (3 months)$2,151.00
Prepaid interest, first (25 days)$874.21
Fees + prepaids$24,179.06
Your down payment is the seller’s equity. You take over the $364,671 balance, so the rest of the $1,049,000 price is paid at closing. A second mortgage can cover part of it. $708,508.36 is due at closing. Uses and sources reconcile at $1,073,179.06 each. Not a Closing Disclosure.