Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$880,353Cash toward the purchase price.
Closing costs + prepaids$27,528Not just lender fees.
Before credits & paid funds$907,880The complete starting cash picture.
Estimated remaining funds due at closing
$907,880No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$880,352.88
Your down payment$880,352.88
Closing costs + prepaids$27,527.56
Total buyer cash needed$907,880.45
Remaining funds due$907,880.45
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%)$13,950.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,573.24
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,487.50
Initial HOA (3 months)$375.00
Prepaid interest, first (24 days)$923.83
Fees + prepaids$27,527.56
Your down payment is the seller’s equity. You take over the $514,647 balance, so the rest of the $1,395,000 price is paid at closing. A second mortgage can cover part of it. $907,880.45 is due at closing. Uses and sources reconcile at $1,422,527.56 each. Not a Closing Disclosure.