Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$402,349Cash toward the purchase price.
Closing costs + prepaids$26,157Not just lender fees.
Before credits & paid funds$428,506The complete starting cash picture.
Estimated remaining funds due at closing
$428,506No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$402,349.24
Your down payment$402,349.24
Closing costs + prepaids$26,156.54
Total buyer cash needed$428,505.78
Remaining funds due$428,505.78
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%)$11,250.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,613.25
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,707.50
Initial HOA (3 months)$459.00
Prepaid interest, first (31 days)$1,908.79
Fees + prepaids$26,156.54
Your down payment is the seller’s equity. You take over the $722,651 balance, so the rest of the $1,125,000 price is paid at closing. A second mortgage can cover part of it. $428,505.78 is due at closing. Uses and sources reconcile at $1,151,156.54 each. Not a Closing Disclosure.