Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$370,440Cash toward the purchase price.
Closing costs + prepaids$29,730Not just lender fees.
Before credits & paid funds$400,170The complete starting cash picture.
Estimated remaining funds due at closing
$400,170No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$370,440.06
Your down payment$370,440.06
Closing costs + prepaids$29,729.68
Total buyer cash needed$400,169.73
Remaining funds due$400,169.73
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%)$4,147.80
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,000.00
Initial HOA (3 months)$411.99
Prepaid interest, first (28 days)$3,951.89
Fees + prepaids$29,729.68
Your down payment is the seller’s equity. You take over the $829,560 balance, so the rest of the $1,200,000 price is paid at closing. A second mortgage can cover part of it. $400,169.73 is due at closing. Uses and sources reconcile at $1,229,729.68 each. Not a Closing Disclosure.