Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$655,223Cash toward the purchase price.
Closing costs + prepaids$20,257Not just lender fees.
Before credits & paid funds$675,480The complete starting cash picture.
Estimated remaining funds due at closing
$675,480No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$655,223.30
Your down payment$655,223.30
Closing costs + prepaids$20,256.72
Total buyer cash needed$675,480.02
Remaining funds due$675,480.02
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%)$9,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,648.88
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,462.50
Prepaid interest, first (2 days)$77.34
Fees + prepaids$20,256.72
Your down payment is the seller’s equity. You take over the $329,777 balance, so the rest of the $985,000 price is paid at closing. A second mortgage can cover part of it. $675,480.02 is due at closing. Uses and sources reconcile at $1,005,256.72 each. Not a Closing Disclosure.