Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$831,783Cash toward the purchase price.
Closing costs + prepaids$22,102Not just lender fees.
Before credits & paid funds$853,885The complete starting cash picture.
Estimated remaining funds due at closing
$853,885No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$831,782.82
Your down payment$831,782.82
Closing costs + prepaids$22,102.47
Total buyer cash needed$853,885.30
Remaining funds due$853,885.30
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%)$12,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,841.09
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,440.00
Initial HOA (3 months)$330.00
Prepaid interest, first (10 days)$273.39
Fees + prepaids$22,102.47
Your down payment is the seller’s equity. You take over the $368,217 balance, so the rest of the $1,200,000 price is paid at closing. A second mortgage can cover part of it. $853,885.30 is due at closing. Uses and sources reconcile at $1,222,102.47 each. Not a Closing Disclosure.