Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$664,498Cash toward the purchase price.
Closing costs + prepaids$24,670Not just lender fees.
Before credits & paid funds$689,168The complete starting cash picture.
Estimated remaining funds due at closing
$689,168No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$664,498.23
Your down payment$664,498.23
Closing costs + prepaids$24,669.62
Total buyer cash needed$689,167.85
Remaining funds due$689,167.85
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%)$12,990.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,172.51
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,558.75
Initial HOA (3 months)$261.00
Prepaid interest, first (12 days)$469.36
Fees + prepaids$24,669.62
Your down payment is the seller’s equity. You take over the $634,502 balance, so the rest of the $1,299,000 price is paid at closing. A second mortgage can cover part of it. $689,167.85 is due at closing. Uses and sources reconcile at $1,323,669.62 each. Not a Closing Disclosure.