Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$1,140,697Cash toward the purchase price.
Closing costs + prepaids$24,567Not just lender fees.
Before credits & paid funds$1,165,265The complete starting cash picture.
Estimated remaining funds due at closing
$1,165,265No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,140,697.49
Your down payment$1,140,697.49
Closing costs + prepaids$24,567.23
Total buyer cash needed$1,165,264.73
Remaining funds due$1,165,264.73
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%)$14,700.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,646.51
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,764.00
Prepaid interest, first (9 days)$238.72
Fees + prepaids$24,567.23
Your down payment is the seller’s equity. You take over the $329,303 balance, so the rest of the $1,470,000 price is paid at closing. A second mortgage can cover part of it. $1,165,264.73 is due at closing. Uses and sources reconcile at $1,494,567.23 each. Not a Closing Disclosure.