Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$602,731Cash toward the purchase price.
Closing costs + prepaids$25,642Not just lender fees.
Before credits & paid funds$628,373The complete starting cash picture.
Estimated remaining funds due at closing
$628,373No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$602,731.03
Your down payment$602,731.03
Closing costs + prepaids$25,641.86
Total buyer cash needed$628,372.90
Remaining funds due$628,372.90
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%)$12,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,986.34
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,343.50
Prepaid interest, first (29 days)$3,094.02
Fees + prepaids$25,641.86
Your down payment is the seller’s equity. You take over the $597,269 balance, so the rest of the $1,200,000 price is paid at closing. A second mortgage can cover part of it. $628,372.90 is due at closing. Uses and sources reconcile at $1,225,641.86 each. Not a Closing Disclosure.