Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$1,347,650Cash toward the purchase price.
Closing costs + prepaids$37,697Not just lender fees.
Before credits & paid funds$1,385,347The complete starting cash picture.
Estimated remaining funds due at closing
$1,385,347No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,347,649.85
Your down payment$1,347,649.85
Closing costs + prepaids$37,696.85
Total buyer cash needed$1,385,346.71
Remaining funds due$1,385,346.71
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%)$19,880.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,201.75
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$4,970.00
Initial HOA (3 months)$2,115.00
Prepaid interest, first (27 days)$1,312.10
Fees + prepaids$37,696.85
Your down payment is the seller’s equity. You take over the $640,350 balance, so the rest of the $1,988,000 price is paid at closing. A second mortgage can cover part of it. $1,385,346.71 is due at closing. Uses and sources reconcile at $2,025,696.85 each. Not a Closing Disclosure.