Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$692,956Cash toward the purchase price.
Closing costs + prepaids$26,528Not just lender fees.
Before credits & paid funds$719,484The complete starting cash picture.
Estimated remaining funds due at closing
$719,484No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$692,956.44
Your down payment$692,956.44
Closing costs + prepaids$26,527.51
Total buyer cash needed$719,483.95
Remaining funds due$719,483.95
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%)$14,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,535.22
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$928.75
Initial HOA (3 months)$390.00
Prepaid interest, first (26 days)$1,455.54
Fees + prepaids$26,527.51
Your down payment is the seller’s equity. You take over the $707,044 balance, so the rest of the $1,400,000 price is paid at closing. A second mortgage can cover part of it. $719,483.95 is due at closing. Uses and sources reconcile at $1,426,527.51 each. Not a Closing Disclosure.