Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$715,000Cash toward the purchase price.
Closing costs + prepaids$27,324Not just lender fees.
Before credits & paid funds$742,324The complete starting cash picture.
Estimated remaining funds due at closing
$742,324No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$714,999.63
Your down payment$714,999.63
Closing costs + prepaids$27,324.24
Total buyer cash needed$742,323.87
Remaining funds due$742,323.87
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%)$13,250.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,050.00
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,312.50
Initial HOA (3 months)$186.00
Prepaid interest, first (25 days)$1,307.74
Fees + prepaids$27,324.24
Your down payment is the seller’s equity. You take over the $610,000 balance, so the rest of the $1,325,000 price is paid at closing. A second mortgage can cover part of it. $742,323.87 is due at closing. Uses and sources reconcile at $1,352,324.24 each. Not a Closing Disclosure.