Follow the dollars · Assumption only
A complete cash picture for Dec 18, 2026
Your down payment$1,162,595Cash toward the purchase price.
Closing costs + prepaids$34,625Not just lender fees.
Before credits & paid funds$1,197,220The complete starting cash picture.
Estimated remaining funds due at closing
$1,197,220No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,162,594.73
Your down payment$1,162,594.73
Closing costs + prepaids$34,625.16
Total buyer cash needed$1,197,219.89
Remaining funds due$1,197,219.89
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%)$19,400.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,887.03
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,425.00
Initial HOA (3 months)$420.00
Prepaid interest, first (14 days)$2,275.14
Fees + prepaids$34,625.16
Your down payment is the seller’s equity. You take over the $777,405 balance, so the rest of the $1,940,000 price is paid at closing. A second mortgage can cover part of it. $1,197,219.89 is due at closing. Uses and sources reconcile at $1,974,625.16 each. Not a Closing Disclosure.