Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$906,075Cash toward the purchase price.
Closing costs + prepaids$22,514Not just lender fees.
Before credits & paid funds$928,589The complete starting cash picture.
Estimated remaining funds due at closing
$928,589No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$906,074.92
Your down payment$906,074.92
Closing costs + prepaids$22,514.13
Total buyer cash needed$928,589.05
Remaining funds due$928,589.05
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%)$11,900.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,419.63
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,091.25
Initial HOA (3 months)$1,268.01
Prepaid interest, first (23 days)$617.25
Fees + prepaids$22,514.13
Your down payment is the seller’s equity. You take over the $283,925 balance, so the rest of the $1,190,000 price is paid at closing. A second mortgage can cover part of it. $928,589.05 is due at closing. Uses and sources reconcile at $1,212,514.13 each. Not a Closing Disclosure.