Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$486,365Cash toward the purchase price.
Closing costs + prepaids$25,748Not just lender fees.
Before credits & paid funds$512,114The complete starting cash picture.
Estimated remaining funds due at closing
$512,114No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$486,365.34
Your down payment$486,365.34
Closing costs + prepaids$25,748.49
Total buyer cash needed$512,113.82
Remaining funds due$512,113.82
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%)$12,250.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,693.17
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,462.25
Prepaid interest, first (2 days)$125.06
Fees + prepaids$25,748.49
Your down payment is the seller’s equity. You take over the $738,635 balance, so the rest of the $1,225,000 price is paid at closing. A second mortgage can cover part of it. $512,113.82 is due at closing. Uses and sources reconcile at $1,250,748.49 each. Not a Closing Disclosure.