Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$557,296Cash toward the purchase price.
Closing costs + prepaids$27,315Not just lender fees.
Before credits & paid funds$584,611The complete starting cash picture.
Estimated remaining funds due at closing
$584,611No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$557,296.00
Your down payment$557,296.00
Closing costs + prepaids$27,315.12
Total buyer cash needed$584,611.12
Remaining funds due$584,611.12
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%)$12,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,588.52
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$647.25
Initial HOA (3 months)$618.00
Prepaid interest, first (27 days)$3,493.35
Fees + prepaids$27,315.12
Your down payment is the seller’s equity. You take over the $717,704 balance, so the rest of the $1,275,000 price is paid at closing. A second mortgage can cover part of it. $584,611.12 is due at closing. Uses and sources reconcile at $1,302,315.12 each. Not a Closing Disclosure.