Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$1,006,650Cash toward the purchase price.
Closing costs + prepaids$22,258Not just lender fees.
Before credits & paid funds$1,028,908The complete starting cash picture.
Estimated remaining funds due at closing
$1,028,908No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,006,650.27
Your down payment$1,006,650.27
Closing costs + prepaids$22,257.82
Total buyer cash needed$1,028,908.08
Remaining funds due$1,028,908.08
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%)$12,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,341.75
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,422.25
Prepaid interest, first (24 days)$525.82
Fees + prepaids$22,257.82
Your down payment is the seller’s equity. You take over the $268,350 balance, so the rest of the $1,275,000 price is paid at closing. A second mortgage can cover part of it. $1,028,908.08 is due at closing. Uses and sources reconcile at $1,297,257.82 each. Not a Closing Disclosure.