Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$423,467Cash toward the purchase price.
Closing costs + prepaids$27,471Not just lender fees.
Before credits & paid funds$450,939The complete starting cash picture.
Estimated remaining funds due at closing
$450,939No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$423,467.32
Your down payment$423,467.32
Closing costs + prepaids$27,471.48
Total buyer cash needed$450,938.80
Remaining funds due$450,938.80
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%)$13,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$4,382.66
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$320.50
Prepaid interest, first (24 days)$3,550.32
Fees + prepaids$27,471.48
Your down payment is the seller’s equity. You take over the $876,533 balance, so the rest of the $1,300,000 price is paid at closing. A second mortgage can cover part of it. $450,938.80 is due at closing. Uses and sources reconcile at $1,327,471.48 each. Not a Closing Disclosure.