Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$1,225,834Cash toward the purchase price.
Closing costs + prepaids$20,046Not just lender fees.
Before credits & paid funds$1,245,880The complete starting cash picture.
Estimated remaining funds due at closing
$1,245,880No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,225,833.82
Your down payment$1,225,833.82
Closing costs + prepaids$20,046.38
Total buyer cash needed$1,245,880.20
Remaining funds due$1,245,880.20
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%)$120.83
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,033.00
Initial HOA (3 months)$93.75
Prepaid interest, first (27 days)$80.80
Fees + prepaids$20,046.38
Your down payment is the seller’s equity. You take over the $24,166 balance, so the rest of the $1,250,000 price is paid at closing. A second mortgage can cover part of it. $1,245,880.20 is due at closing. Uses and sources reconcile at $1,270,046.38 each. Not a Closing Disclosure.