Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$1,091,855Cash toward the purchase price.
Closing costs + prepaids$22,092Not just lender fees.
Before credits & paid funds$1,113,947The complete starting cash picture.
Estimated remaining funds due at closing
$1,113,947No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,091,855.29
Your down payment$1,091,855.29
Closing costs + prepaids$22,091.67
Total buyer cash needed$1,113,946.96
Remaining funds due$1,113,946.96
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%)$12,990.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,035.72
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,558.75
Initial HOA (3 months)$90.00
Prepaid interest, first (9 days)$199.20
Fees + prepaids$22,091.67
Your down payment is the seller’s equity. You take over the $207,145 balance, so the rest of the $1,299,000 price is paid at closing. A second mortgage can cover part of it. $1,113,946.96 is due at closing. Uses and sources reconcile at $1,321,091.67 each. Not a Closing Disclosure.