Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$35,702Cash toward the purchase price.
Closing costs + prepaids$28,767Not just lender fees.
Before credits & paid funds$64,469The complete starting cash picture.
Estimated remaining funds due at closing
$64,469No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$35,701.87
Your down payment$35,701.87
Closing costs + prepaids$28,766.68
Total buyer cash needed$64,468.54
Remaining funds due$64,468.54
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%)$12,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$5,821.49
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,641.00
Prepaid interest, first (25 days)$3,086.19
Fees + prepaids$28,766.68
Your down payment is the seller’s equity. You take over the $1,164,298 balance, so the rest of the $1,200,000 price is paid at closing. A second mortgage can cover part of it. $64,468.54 is due at closing. Uses and sources reconcile at $1,228,766.68 each. Not a Closing Disclosure.