Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$949,254Cash toward the purchase price.
Closing costs + prepaids$28,315Not just lender fees.
Before credits & paid funds$977,569The complete starting cash picture.
Estimated remaining funds due at closing
$977,569No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$949,254.22
Your down payment$949,254.22
Closing costs + prepaids$28,314.50
Total buyer cash needed$977,568.73
Remaining funds due$977,568.73
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%)$13,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,128.73
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,437.50
Initial HOA (3 months)$1,446.00
Prepaid interest, first (31 days)$1,334.28
Fees + prepaids$28,314.50
Your down payment is the seller’s equity. You take over the $425,746 balance, so the rest of the $1,375,000 price is paid at closing. A second mortgage can cover part of it. $977,568.73 is due at closing. Uses and sources reconcile at $1,403,314.50 each. Not a Closing Disclosure.