Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$1,201,842Cash toward the purchase price.
Closing costs + prepaids$21,409Not just lender fees.
Before credits & paid funds$1,223,252The complete starting cash picture.
Estimated remaining funds due at closing
$1,223,252No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,201,842.39
Your down payment$1,201,842.39
Closing costs + prepaids$21,409.38
Total buyer cash needed$1,223,251.77
Remaining funds due$1,223,251.77
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%)$490.79
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 (1 days)$6.10
Fees + prepaids$21,409.38
Your down payment is the seller’s equity. You take over the $98,158 balance, so the rest of the $1,300,000 price is paid at closing. A second mortgage can cover part of it. $1,223,251.77 is due at closing. Uses and sources reconcile at $1,321,409.38 each. Not a Closing Disclosure.