Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$1,024,054Cash toward the purchase price.
Closing costs + prepaids$26,385Not just lender fees.
Before credits & paid funds$1,050,439The complete starting cash picture.
Estimated remaining funds due at closing
$1,050,439No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,024,054.10
Your down payment$1,024,054.10
Closing costs + prepaids$26,384.85
Total buyer cash needed$1,050,438.95
Remaining funds due$1,050,438.95
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%)$13,950.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,854.73
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,487.50
Prepaid interest, first (26 days)$874.62
Fees + prepaids$26,384.85
Your down payment is the seller’s equity. You take over the $370,946 balance, so the rest of the $1,395,000 price is paid at closing. A second mortgage can cover part of it. $1,050,438.95 is due at closing. Uses and sources reconcile at $1,421,384.85 each. Not a Closing Disclosure.