Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$7,434Cash toward the purchase price.
Closing costs + prepaids$32,670Not just lender fees.
Before credits & paid funds$40,104The complete starting cash picture.
Estimated remaining funds due at closing
$40,104No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$7,434.19
Your down payment$7,434.19
Closing costs + prepaids$32,669.76
Total buyer cash needed$40,103.95
Remaining funds due$40,103.95
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%)$12,999.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$6,462.33
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$242.00
Initial HOA (3 months)$995.01
Prepaid interest, first (24 days)$5,753.42
Fees + prepaids$32,669.76
Your down payment is the seller’s equity. You take over the $1,292,466 balance, so the rest of the $1,299,900 price is paid at closing. A second mortgage can cover part of it. $40,103.95 is due at closing. Uses and sources reconcile at $1,332,569.76 each. Not a Closing Disclosure.