Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$1,219,227Cash toward the purchase price.
Closing costs + prepaids$21,849Not just lender fees.
Before credits & paid funds$1,241,075The complete starting cash picture.
Estimated remaining funds due at closing
$1,241,075No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,219,226.64
Your down payment$1,219,226.64
Closing costs + prepaids$21,848.73
Total buyer cash needed$1,241,075.37
Remaining funds due$1,241,075.37
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%)$903.87
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$62.50
Initial HOA (3 months)$203.76
Prepaid interest, first (25 days)$460.60
Fees + prepaids$21,848.73
Your down payment is the seller’s equity. You take over the $180,773 balance, so the rest of the $1,400,000 price is paid at closing. A second mortgage can cover part of it. $1,241,075.37 is due at closing. Uses and sources reconcile at $1,421,848.73 each. Not a Closing Disclosure.