Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$484,232Cash toward the purchase price.
Closing costs + prepaids$26,774Not just lender fees.
Before credits & paid funds$511,005The complete starting cash picture.
Estimated remaining funds due at closing
$511,005No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$484,231.72
Your down payment$484,231.72
Closing costs + prepaids$26,773.55
Total buyer cash needed$511,005.27
Remaining funds due$511,005.27
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%)$12,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,578.84
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,000.00
Initial HOA (3 months)$282.00
Prepaid interest, first (29 days)$1,694.70
Fees + prepaids$26,773.55
Your down payment is the seller’s equity. You take over the $715,768 balance, so the rest of the $1,200,000 price is paid at closing. A second mortgage can cover part of it. $511,005.27 is due at closing. Uses and sources reconcile at $1,226,773.55 each. Not a Closing Disclosure.