Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$668,720Cash toward the purchase price.
Closing costs + prepaids$24,178Not just lender fees.
Before credits & paid funds$692,898The complete starting cash picture.
Estimated remaining funds due at closing
$692,898No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$668,720.37
Your down payment$668,720.37
Closing costs + prepaids$24,177.95
Total buyer cash needed$692,898.32
Remaining funds due$692,898.32
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%)$12,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,031.40
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,550.25
Initial HOA (3 months)$570.00
Prepaid interest, first (1 days)$58.30
Fees + prepaids$24,177.95
Your down payment is the seller’s equity. You take over the $606,280 balance, so the rest of the $1,275,000 price is paid at closing. A second mortgage can cover part of it. $692,898.32 is due at closing. Uses and sources reconcile at $1,299,177.95 each. Not a Closing Disclosure.