Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$963,112Cash toward the purchase price.
Closing costs + prepaids$25,044Not just lender fees.
Before credits & paid funds$988,156The complete starting cash picture.
Estimated remaining funds due at closing
$988,156No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$963,111.71
Your down payment$963,111.71
Closing costs + prepaids$25,044.37
Total buyer cash needed$988,156.08
Remaining funds due$988,156.08
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%)$12,980.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,674.44
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,245.00
Initial HOA (3 months)$410.01
Prepaid interest, first (18 days)$516.92
Fees + prepaids$25,044.37
Your down payment is the seller’s equity. You take over the $334,888 balance, so the rest of the $1,298,000 price is paid at closing. A second mortgage can cover part of it. $988,156.08 is due at closing. Uses and sources reconcile at $1,323,044.37 each. Not a Closing Disclosure.