Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$653,096Cash toward the purchase price.
Closing costs + prepaids$18,975Not just lender fees.
Before credits & paid funds$672,071The complete starting cash picture.
Estimated remaining funds due at closing
$672,071No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$653,095.88
Your down payment$653,095.88
Closing costs + prepaids$18,975.32
Total buyer cash needed$672,071.21
Remaining funds due$672,071.21
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%)$9,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,609.52
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,170.00
Prepaid interest, first (9 days)$227.80
Fees + prepaids$18,975.32
Your down payment is the seller’s equity. You take over the $321,904 balance, so the rest of the $975,000 price is paid at closing. A second mortgage can cover part of it. $672,071.21 is due at closing. Uses and sources reconcile at $993,975.32 each. Not a Closing Disclosure.