Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$842,919Cash toward the purchase price.
Closing costs + prepaids$20,993Not just lender fees.
Before credits & paid funds$863,913The complete starting cash picture.
Estimated remaining funds due at closing
$863,913No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$842,919.24
Your down payment$842,919.24
Closing costs + prepaids$20,993.41
Total buyer cash needed$863,912.66
Remaining funds due$863,912.66
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%)$11,240.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,405.40
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,348.75
Initial HOA (3 months)$626.01
Prepaid interest, first (9 days)$155.25
Fees + prepaids$20,993.41
Your down payment is the seller’s equity. You take over the $281,081 balance, so the rest of the $1,124,000 price is paid at closing. A second mortgage can cover part of it. $863,912.66 is due at closing. Uses and sources reconcile at $1,144,993.41 each. Not a Closing Disclosure.