Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$723,288Cash toward the purchase price.
Closing costs + prepaids$23,769Not just lender fees.
Before credits & paid funds$747,057The complete starting cash picture.
Estimated remaining funds due at closing
$747,057No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$723,288.18
Your down payment$723,288.18
Closing costs + prepaids$23,768.93
Total buyer cash needed$747,057.11
Remaining funds due$747,057.11
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%)$12,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,383.56
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,369.75
Initial HOA (3 months)$630.00
Prepaid interest, first (30 days)$1,167.62
Fees + prepaids$23,768.93
Your down payment is the seller’s equity. You take over the $476,712 balance, so the rest of the $1,200,000 price is paid at closing. A second mortgage can cover part of it. $747,057.11 is due at closing. Uses and sources reconcile at $1,223,768.93 each. Not a Closing Disclosure.