Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$937,868Cash toward the purchase price.
Closing costs + prepaids$23,916Not just lender fees.
Before credits & paid funds$961,784The complete starting cash picture.
Estimated remaining funds due at closing
$961,784No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$937,868.26
Your down payment$937,868.26
Closing costs + prepaids$23,915.61
Total buyer cash needed$961,783.87
Remaining funds due$961,783.87
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%)$12,450.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,535.66
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,112.50
Prepaid interest, first (26 days)$599.45
Fees + prepaids$23,915.61
Your down payment is the seller’s equity. You take over the $307,132 balance, so the rest of the $1,245,000 price is paid at closing. A second mortgage can cover part of it. $961,783.87 is due at closing. Uses and sources reconcile at $1,268,915.61 each. Not a Closing Disclosure.