Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$1,195,872Cash toward the purchase price.
Closing costs + prepaids$35,312Not just lender fees.
Before credits & paid funds$1,231,184The complete starting cash picture.
Estimated remaining funds due at closing
$1,231,184No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,195,872.31
Your down payment$1,195,872.31
Closing costs + prepaids$35,311.83
Total buyer cash needed$1,231,184.15
Remaining funds due$1,231,184.15
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%)$21,249.90
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$4,645.59
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,550.00
Prepaid interest, first (9 days)$648.35
Fees + prepaids$35,311.83
Your down payment is the seller’s equity. You take over the $929,118 balance, so the rest of the $2,124,990 price is paid at closing. A second mortgage can cover part of it. $1,231,184.15 is due at closing. Uses and sources reconcile at $2,160,301.83 each. Not a Closing Disclosure.