Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$397,335Cash toward the purchase price.
Closing costs + prepaids$29,452Not just lender fees.
Before credits & paid funds$426,787The complete starting cash picture.
Estimated remaining funds due at closing
$426,787No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$397,335.30
Your down payment$397,335.30
Closing costs + prepaids$29,452.00
Total buyer cash needed$426,787.30
Remaining funds due$426,787.30
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%)$4,013.32
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$5,549.00
Initial HOA (3 months)$120.00
Prepaid interest, first (24 days)$1,551.67
Fees + prepaids$29,452.00
Your down payment is the seller’s equity. You take over the $802,665 balance, so the rest of the $1,200,000 price is paid at closing. A second mortgage can cover part of it. $426,787.30 is due at closing. Uses and sources reconcile at $1,229,452.00 each. Not a Closing Disclosure.