Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$960,811Cash toward the purchase price.
Closing costs + prepaids$20,360Not just lender fees.
Before credits & paid funds$981,171The complete starting cash picture.
Estimated remaining funds due at closing
$981,171No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$960,810.89
Your down payment$960,810.89
Closing costs + prepaids$20,360.11
Total buyer cash needed$981,171.00
Remaining funds due$981,171.00
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%)$11,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$945.95
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,189.50
Prepaid interest, first (25 days)$506.66
Fees + prepaids$20,360.11
Your down payment is the seller’s equity. You take over the $189,189 balance, so the rest of the $1,150,000 price is paid at closing. A second mortgage can cover part of it. $981,171.00 is due at closing. Uses and sources reconcile at $1,170,360.11 each. Not a Closing Disclosure.