Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$1,075,231Cash toward the purchase price.
Closing costs + prepaids$24,458Not just lender fees.
Before credits & paid funds$1,099,689The complete starting cash picture.
Estimated remaining funds due at closing
$1,099,689No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,075,230.88
Your down payment$1,075,230.88
Closing costs + prepaids$24,458.04
Total buyer cash needed$1,099,688.93
Remaining funds due$1,099,688.93
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%)$13,950.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,598.85
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,461.75
Initial HOA (3 months)$450.00
Prepaid interest, first (31 days)$779.45
Fees + prepaids$24,458.04
Your down payment is the seller’s equity. You take over the $319,769 balance, so the rest of the $1,395,000 price is paid at closing. A second mortgage can cover part of it. $1,099,688.93 is due at closing. Uses and sources reconcile at $1,419,458.04 each. Not a Closing Disclosure.