Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$677,189Cash toward the purchase price.
Closing costs + prepaids$32,411Not just lender fees.
Before credits & paid funds$709,600The complete starting cash picture.
Estimated remaining funds due at closing
$709,600No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$677,189.30
Your down payment$677,189.30
Closing costs + prepaids$32,410.68
Total buyer cash needed$709,599.98
Remaining funds due$709,599.98
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%)$14,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,989.05
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,164.00
Initial HOA (3 months)$75.00
Prepaid interest, first (31 days)$4,214.63
Fees + prepaids$32,410.68
Your down payment is the seller’s equity. You take over the $797,811 balance, so the rest of the $1,475,000 price is paid at closing. A second mortgage can cover part of it. $709,599.98 is due at closing. Uses and sources reconcile at $1,507,410.68 each. Not a Closing Disclosure.