Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$700,385Cash toward the purchase price.
Closing costs + prepaids$25,365Not just lender fees.
Before credits & paid funds$725,750The complete starting cash picture.
Estimated remaining funds due at closing
$725,750No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$700,385.07
Your down payment$700,385.07
Closing costs + prepaids$25,365.22
Total buyer cash needed$725,750.29
Remaining funds due$725,750.29
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%)$12,250.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,623.07
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,062.50
Prepaid interest, first (30 days)$1,211.64
Fees + prepaids$25,365.22
Your down payment is the seller’s equity. You take over the $524,615 balance, so the rest of the $1,225,000 price is paid at closing. A second mortgage can cover part of it. $725,750.29 is due at closing. Uses and sources reconcile at $1,250,365.22 each. Not a Closing Disclosure.