Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$694,278Cash toward the purchase price.
Closing costs + prepaids$29,514Not just lender fees.
Before credits & paid funds$723,792The complete starting cash picture.
Estimated remaining funds due at closing
$723,792No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$694,278.35
Your down payment$694,278.35
Closing costs + prepaids$29,513.71
Total buyer cash needed$723,792.06
Remaining funds due$723,792.06
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%)$13,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,278.61
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,375.00
Initial HOA (3 months)$2,043.00
Prepaid interest, first (23 days)$1,099.10
Fees + prepaids$29,513.71
Your down payment is the seller’s equity. You take over the $655,722 balance, so the rest of the $1,350,000 price is paid at closing. A second mortgage can cover part of it. $723,792.06 is due at closing. Uses and sources reconcile at $1,379,513.71 each. Not a Closing Disclosure.