Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$1,083,340Cash toward the purchase price.
Closing costs + prepaids$24,484Not just lender fees.
Before credits & paid funds$1,107,824The complete starting cash picture.
Estimated remaining funds due at closing
$1,107,824No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,083,339.74
Your down payment$1,083,339.74
Closing costs + prepaids$24,483.98
Total buyer cash needed$1,107,823.72
Remaining funds due$1,107,823.72
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%)$13,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,458.30
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,452.25
Initial HOA (3 months)$180.00
Prepaid interest, first (22 days)$425.42
Fees + prepaids$24,483.98
Your down payment is the seller’s equity. You take over the $291,660 balance, so the rest of the $1,375,000 price is paid at closing. A second mortgage can cover part of it. $1,107,823.72 is due at closing. Uses and sources reconcile at $1,399,483.98 each. Not a Closing Disclosure.