Follow the dollars · Assumption only
A complete cash picture for Dec 26, 2026
Your down payment$637,637Cash toward the purchase price.
Closing costs + prepaids$23,572Not just lender fees.
Before credits & paid funds$661,209The complete starting cash picture.
Estimated remaining funds due at closing
$661,209No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$637,637.09
Your down payment$637,637.09
Closing costs + prepaids$23,571.74
Total buyer cash needed$661,208.82
Remaining funds due$661,208.82
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%)$12,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,061.81
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,500.00
Prepaid interest, first (6 days)$291.92
Fees + prepaids$23,571.74
Your down payment is the seller’s equity. You take over the $612,363 balance, so the rest of the $1,250,000 price is paid at closing. A second mortgage can cover part of it. $661,208.82 is due at closing. Uses and sources reconcile at $1,273,571.74 each. Not a Closing Disclosure.