Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$670,114Cash toward the purchase price.
Closing costs + prepaids$25,916Not just lender fees.
Before credits & paid funds$696,030The complete starting cash picture.
Estimated remaining funds due at closing
$696,030No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$670,114.37
Your down payment$670,114.37
Closing costs + prepaids$25,915.90
Total buyer cash needed$696,030.27
Remaining funds due$696,030.27
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%)$3,024.43
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,550.25
Initial HOA (3 months)$570.00
Prepaid interest, first (31 days)$1,803.22
Fees + prepaids$25,915.90
Your down payment is the seller’s equity. You take over the $604,886 balance, so the rest of the $1,275,000 price is paid at closing. A second mortgage can cover part of it. $696,030.27 is due at closing. Uses and sources reconcile at $1,300,915.90 each. Not a Closing Disclosure.