Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$718,460Cash toward the purchase price.
Closing costs + prepaids$22,115Not just lender fees.
Before credits & paid funds$740,575The complete starting cash picture.
Estimated remaining funds due at closing
$740,575No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$718,459.99
Your down payment$718,459.99
Closing costs + prepaids$22,115.05
Total buyer cash needed$740,575.04
Remaining funds due$740,575.04
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%)$11,990.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,402.70
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,120.25
Initial HOA (3 months)$345.00
Prepaid interest, first (1 days)$39.10
Fees + prepaids$22,115.05
Your down payment is the seller’s equity. You take over the $480,540 balance, so the rest of the $1,199,000 price is paid at closing. A second mortgage can cover part of it. $740,575.04 is due at closing. Uses and sources reconcile at $1,221,115.05 each. Not a Closing Disclosure.