Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$688,338Cash toward the purchase price.
Closing costs + prepaids$21,945Not just lender fees.
Before credits & paid funds$710,283The complete starting cash picture.
Estimated remaining funds due at closing
$710,283No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$688,337.78
Your down payment$688,337.78
Closing costs + prepaids$21,944.79
Total buyer cash needed$710,282.57
Remaining funds due$710,282.57
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%)$10,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,808.31
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,625.00
Prepaid interest, first (28 days)$793.48
Fees + prepaids$21,944.79
Your down payment is the seller’s equity. You take over the $361,662 balance, so the rest of the $1,050,000 price is paid at closing. A second mortgage can cover part of it. $710,282.57 is due at closing. Uses and sources reconcile at $1,071,944.79 each. Not a Closing Disclosure.