Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$1,113,623Cash toward the purchase price.
Closing costs + prepaids$21,897Not just lender fees.
Before credits & paid funds$1,135,520The complete starting cash picture.
Estimated remaining funds due at closing
$1,135,520No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,113,622.78
Your down payment$1,113,622.78
Closing costs + prepaids$21,897.39
Total buyer cash needed$1,135,520.17
Remaining funds due$1,135,520.17
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%)$13,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$931.89
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,560.00
Prepaid interest, first (9 days)$187.50
Fees + prepaids$21,897.39
Your down payment is the seller’s equity. You take over the $186,377 balance, so the rest of the $1,300,000 price is paid at closing. A second mortgage can cover part of it. $1,135,520.17 is due at closing. Uses and sources reconcile at $1,321,897.39 each. Not a Closing Disclosure.