Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$719,453Cash toward the purchase price.
Closing costs + prepaids$20,753Not just lender fees.
Before credits & paid funds$740,206The complete starting cash picture.
Estimated remaining funds due at closing
$740,206No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$719,452.89
Your down payment$719,452.89
Closing costs + prepaids$20,753.03
Total buyer cash needed$740,205.91
Remaining funds due$740,205.91
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%)$11,150.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,977.74
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$646.00
Prepaid interest, first (25 days)$761.29
Fees + prepaids$20,753.03
Your down payment is the seller’s equity. You take over the $395,547 balance, so the rest of the $1,115,000 price is paid at closing. A second mortgage can cover part of it. $740,205.91 is due at closing. Uses and sources reconcile at $1,135,753.03 each. Not a Closing Disclosure.