Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$682,542Cash toward the purchase price.
Closing costs + prepaids$23,493Not just lender fees.
Before credits & paid funds$706,035The complete starting cash picture.
Estimated remaining funds due at closing
$706,035No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$682,541.73
Your down payment$682,541.73
Closing costs + prepaids$23,492.85
Total buyer cash needed$706,034.58
Remaining funds due$706,034.58
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%)$11,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,087.29
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,863.00
Initial HOA (3 months)$249.99
Prepaid interest, first (2 days)$74.57
Fees + prepaids$23,492.85
Your down payment is the seller’s equity. You take over the $417,458 balance, so the rest of the $1,100,000 price is paid at closing. A second mortgage can cover part of it. $706,034.58 is due at closing. Uses and sources reconcile at $1,123,492.85 each. Not a Closing Disclosure.