Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$795,472Cash toward the purchase price.
Closing costs + prepaids$21,250Not just lender fees.
Before credits & paid funds$816,722The complete starting cash picture.
Estimated remaining funds due at closing
$816,722No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$795,471.83
Your down payment$795,471.83
Closing costs + prepaids$21,249.86
Total buyer cash needed$816,721.69
Remaining funds due$816,721.69
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%)$2,022.64
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$178.00
Prepaid interest, first (25 days)$831.22
Fees + prepaids$21,249.86
Your down payment is the seller’s equity. You take over the $404,528 balance, so the rest of the $1,200,000 price is paid at closing. A second mortgage can cover part of it. $816,721.69 is due at closing. Uses and sources reconcile at $1,221,249.86 each. Not a Closing Disclosure.