Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$950,550Cash toward the purchase price.
Closing costs + prepaids$22,381Not just lender fees.
Before credits & paid funds$972,931The complete starting cash picture.
Estimated remaining funds due at closing
$972,931No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$950,549.66
Your down payment$950,549.66
Closing costs + prepaids$22,381.11
Total buyer cash needed$972,930.77
Remaining funds due$972,930.77
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%)$12,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,497.25
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,555.50
Initial HOA (3 months)$99.00
Prepaid interest, first (23 days)$511.36
Fees + prepaids$22,381.11
Your down payment is the seller’s equity. You take over the $299,450 balance, so the rest of the $1,250,000 price is paid at closing. A second mortgage can cover part of it. $972,930.77 is due at closing. Uses and sources reconcile at $1,272,381.11 each. Not a Closing Disclosure.