Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$971,687Cash toward the purchase price.
Closing costs + prepaids$23,987Not just lender fees.
Before credits & paid funds$995,674The complete starting cash picture.
Estimated remaining funds due at closing
$995,674No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$971,687.35
Your down payment$971,687.35
Closing costs + prepaids$23,986.83
Total buyer cash needed$995,674.18
Remaining funds due$995,674.18
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%)$11,990.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,136.56
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,965.00
Initial HOA (3 months)$52.50
Prepaid interest, first (22 days)$624.77
Fees + prepaids$23,986.83
Your down payment is the seller’s equity. You take over the $227,313 balance, so the rest of the $1,199,000 price is paid at closing. A second mortgage can cover part of it. $995,674.18 is due at closing. Uses and sources reconcile at $1,222,986.83 each. Not a Closing Disclosure.