Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$1,085,377Cash toward the purchase price.
Closing costs + prepaids$38,564Not just lender fees.
Before credits & paid funds$1,123,941The complete starting cash picture.
Estimated remaining funds due at closing
$1,123,941No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,085,376.84
Your down payment$1,085,376.84
Closing costs + prepaids$38,564.28
Total buyer cash needed$1,123,941.12
Remaining funds due$1,123,941.12
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%)$21,950.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$5,548.12
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,634.00
Initial HOA (3 months)$134.76
Prepaid interest, first (10 days)$2,079.40
Fees + prepaids$38,564.28
Your down payment is the seller’s equity. You take over the $1,109,623 balance, so the rest of the $2,195,000 price is paid at closing. A second mortgage can cover part of it. $1,123,941.12 is due at closing. Uses and sources reconcile at $2,233,564.28 each. Not a Closing Disclosure.