Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$216,010Cash toward the purchase price.
Closing costs + prepaids$25,193Not just lender fees.
Before credits & paid funds$241,204The complete starting cash picture.
Estimated remaining funds due at closing
$241,204No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$216,010.40
Your down payment$216,010.40
Closing costs + prepaids$25,193.12
Total buyer cash needed$241,203.53
Remaining funds due$241,203.53
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%)$12,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$4,919.95
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$982.75
Initial HOA (3 months)$750.00
Prepaid interest, first (2 days)$322.43
Fees + prepaids$25,193.12
Your down payment is the seller’s equity. You take over the $983,990 balance, so the rest of the $1,200,000 price is paid at closing. A second mortgage can cover part of it. $241,203.53 is due at closing. Uses and sources reconcile at $1,225,193.12 each. Not a Closing Disclosure.