Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$985,157Cash toward the purchase price.
Closing costs + prepaids$21,597Not just lender fees.
Before credits & paid funds$1,006,754The complete starting cash picture.
Estimated remaining funds due at closing
$1,006,754No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$985,156.97
Your down payment$985,156.97
Closing costs + prepaids$21,597.31
Total buyer cash needed$1,006,754.28
Remaining funds due$1,006,754.28
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%)$12,749.90
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,449.17
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$669.50
Prepaid interest, first (24 days)$510.74
Fees + prepaids$21,597.31
Your down payment is the seller’s equity. You take over the $289,833 balance, so the rest of the $1,274,990 price is paid at closing. A second mortgage can cover part of it. $1,006,754.28 is due at closing. Uses and sources reconcile at $1,296,587.31 each. Not a Closing Disclosure.