Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$1,202,586Cash toward the purchase price.
Closing costs + prepaids$21,557Not just lender fees.
Before credits & paid funds$1,224,143The complete starting cash picture.
Estimated remaining funds due at closing
$1,224,143No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,202,585.63
Your down payment$1,202,585.63
Closing costs + prepaids$21,557.08
Total buyer cash needed$1,224,142.71
Remaining funds due$1,224,142.71
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%)$13,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$487.07
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$739.50
Initial HOA (3 months)$954.99
Prepaid interest, first (26 days)$157.52
Fees + prepaids$21,557.08
Your down payment is the seller’s equity. You take over the $97,414 balance, so the rest of the $1,300,000 price is paid at closing. A second mortgage can cover part of it. $1,224,142.71 is due at closing. Uses and sources reconcile at $1,321,557.08 each. Not a Closing Disclosure.