Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$752,153Cash toward the purchase price.
Closing costs + prepaids$22,241Not just lender fees.
Before credits & paid funds$774,394The complete starting cash picture.
Estimated remaining funds due at closing
$774,394No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$752,153.31
Your down payment$752,153.31
Closing costs + prepaids$22,240.66
Total buyer cash needed$774,393.97
Remaining funds due$774,393.97
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%)$11,950.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,214.23
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,434.00
Initial HOA (3 months)$75.00
Prepaid interest, first (10 days)$349.42
Fees + prepaids$22,240.66
Your down payment is the seller’s equity. You take over the $442,847 balance, so the rest of the $1,195,000 price is paid at closing. A second mortgage can cover part of it. $774,393.97 is due at closing. Uses and sources reconcile at $1,217,240.66 each. Not a Closing Disclosure.