Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$972,883Cash toward the purchase price.
Closing costs + prepaids$23,545Not just lender fees.
Before credits & paid funds$996,428The complete starting cash picture.
Estimated remaining funds due at closing
$996,428No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$972,883.42
Your down payment$972,883.42
Closing costs + prepaids$23,544.61
Total buyer cash needed$996,428.03
Remaining funds due$996,428.03
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%)$1,635.58
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,757.00
Prepaid interest, first (27 days)$934.03
Fees + prepaids$23,544.61
Your down payment is the seller’s equity. You take over the $327,117 balance, so the rest of the $1,300,000 price is paid at closing. A second mortgage can cover part of it. $996,428.03 is due at closing. Uses and sources reconcile at $1,323,544.61 each. Not a Closing Disclosure.