Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$696,540Cash toward the purchase price.
Closing costs + prepaids$25,243Not just lender fees.
Before credits & paid funds$721,784The complete starting cash picture.
Estimated remaining funds due at closing
$721,784No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$696,540.35
Your down payment$696,540.35
Closing costs + prepaids$25,243.29
Total buyer cash needed$721,783.64
Remaining funds due$721,783.64
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%)$13,890.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,462.30
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Initial HOA (3 months)$105.00
Prepaid interest, first (29 days)$1,567.99
Fees + prepaids$25,243.29
Your down payment is the seller’s equity. You take over the $692,460 balance, so the rest of the $1,389,000 price is paid at closing. A second mortgage can cover part of it. $721,783.64 is due at closing. Uses and sources reconcile at $1,414,243.29 each. Not a Closing Disclosure.