Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$662,209Cash toward the purchase price.
Closing costs + prepaids$23,772Not just lender fees.
Before credits & paid funds$685,981The complete starting cash picture.
Estimated remaining funds due at closing
$685,981No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$662,209.15
Your down payment$662,209.15
Closing costs + prepaids$23,771.82
Total buyer cash needed$685,980.98
Remaining funds due$685,980.98
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%)$11,990.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,683.95
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,307.00
Prepaid interest, first (31 days)$1,572.87
Fees + prepaids$23,771.82
Your down payment is the seller’s equity. You take over the $536,791 balance, so the rest of the $1,199,000 price is paid at closing. A second mortgage can cover part of it. $685,980.98 is due at closing. Uses and sources reconcile at $1,222,771.82 each. Not a Closing Disclosure.