Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$1,094,672Cash toward the purchase price.
Closing costs + prepaids$23,408Not just lender fees.
Before credits & paid funds$1,118,081The complete starting cash picture.
Estimated remaining funds due at closing
$1,118,081No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,094,672.49
Your down payment$1,094,672.49
Closing costs + prepaids$23,408.50
Total buyer cash needed$1,118,080.98
Remaining funds due$1,118,080.98
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%)$14,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,526.64
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$846.25
Prepaid interest, first (27 days)$817.61
Fees + prepaids$23,408.50
Your down payment is the seller’s equity. You take over the $305,328 balance, so the rest of the $1,400,000 price is paid at closing. A second mortgage can cover part of it. $1,118,080.98 is due at closing. Uses and sources reconcile at $1,423,408.50 each. Not a Closing Disclosure.