Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$1,009,112Cash toward the purchase price.
Closing costs + prepaids$23,479Not just lender fees.
Before credits & paid funds$1,032,592The complete starting cash picture.
Estimated remaining funds due at closing
$1,032,592No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,009,112.50
Your down payment$1,009,112.50
Closing costs + prepaids$23,479.07
Total buyer cash needed$1,032,591.57
Remaining funds due$1,032,591.57
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%)$1,954.44
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,278.25
Prepaid interest, first (1 days)$28.38
Fees + prepaids$23,479.07
Your down payment is the seller’s equity. You take over the $390,888 balance, so the rest of the $1,400,000 price is paid at closing. A second mortgage can cover part of it. $1,032,591.57 is due at closing. Uses and sources reconcile at $1,423,479.07 each. Not a Closing Disclosure.