Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$862,377Cash toward the purchase price.
Closing costs + prepaids$23,068Not just lender fees.
Before credits & paid funds$885,445The complete starting cash picture.
Estimated remaining funds due at closing
$885,445No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$862,376.70
Your down payment$862,376.70
Closing costs + prepaids$23,068.14
Total buyer cash needed$885,444.83
Remaining funds due$885,444.83
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%)$12,990.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,183.12
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$893.25
Prepaid interest, first (24 days)$783.77
Fees + prepaids$23,068.14
Your down payment is the seller’s equity. You take over the $436,623 balance, so the rest of the $1,299,000 price is paid at closing. A second mortgage can cover part of it. $885,444.83 is due at closing. Uses and sources reconcile at $1,322,068.14 each. Not a Closing Disclosure.