Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$672,776Cash toward the purchase price.
Closing costs + prepaids$20,895Not just lender fees.
Before credits & paid funds$693,671The complete starting cash picture.
Estimated remaining funds due at closing
$693,671No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$672,776.03
Your down payment$672,776.03
Closing costs + prepaids$20,894.50
Total buyer cash needed$693,670.54
Remaining funds due$693,670.54
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%)$9,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,511.12
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,087.75
Initial HOA (3 months)$1,478.01
Prepaid interest, first (31 days)$849.62
Fees + prepaids$20,894.50
Your down payment is the seller’s equity. You take over the $302,224 balance, so the rest of the $975,000 price is paid at closing. A second mortgage can cover part of it. $693,670.54 is due at closing. Uses and sources reconcile at $995,894.50 each. Not a Closing Disclosure.