Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$958,692Cash toward the purchase price.
Closing costs + prepaids$26,962Not just lender fees.
Before credits & paid funds$985,654The complete starting cash picture.
Estimated remaining funds due at closing
$985,654No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$958,692.02
Your down payment$958,692.02
Closing costs + prepaids$26,961.93
Total buyer cash needed$985,653.95
Remaining funds due$985,653.95
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%)$13,980.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,196.54
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,495.00
Prepaid interest, first (27 days)$1,072.39
Fees + prepaids$26,961.93
Your down payment is the seller’s equity. You take over the $439,308 balance, so the rest of the $1,398,000 price is paid at closing. A second mortgage can cover part of it. $985,653.95 is due at closing. Uses and sources reconcile at $1,424,961.93 each. Not a Closing Disclosure.