Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$657,550Cash toward the purchase price.
Closing costs + prepaids$26,823Not just lender fees.
Before credits & paid funds$684,373The complete starting cash picture.
Estimated remaining funds due at closing
$684,373No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$657,550.19
Your down payment$657,550.19
Closing costs + prepaids$26,823.28
Total buyer cash needed$684,373.48
Remaining funds due$684,373.48
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%)$11,950.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,687.25
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,987.50
Initial HOA (3 months)$255.00
Prepaid interest, first (30 days)$2,725.53
Fees + prepaids$26,823.28
Your down payment is the seller’s equity. You take over the $537,450 balance, so the rest of the $1,195,000 price is paid at closing. A second mortgage can cover part of it. $684,373.48 is due at closing. Uses and sources reconcile at $1,221,823.28 each. Not a Closing Disclosure.