Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$949,819Cash toward the purchase price.
Closing costs + prepaids$21,896Not just lender fees.
Before credits & paid funds$971,715The complete starting cash picture.
Estimated remaining funds due at closing
$971,715No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$949,819.08
Your down payment$949,819.08
Closing costs + prepaids$21,895.69
Total buyer cash needed$971,714.77
Remaining funds due$971,714.77
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%)$12,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,500.90
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,555.50
Initial HOA (3 months)$99.00
Prepaid interest, first (1 days)$22.29
Fees + prepaids$21,895.69
Your down payment is the seller’s equity. You take over the $300,181 balance, so the rest of the $1,250,000 price is paid at closing. A second mortgage can cover part of it. $971,714.77 is due at closing. Uses and sources reconcile at $1,271,895.69 each. Not a Closing Disclosure.