Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$1,185,377Cash toward the purchase price.
Closing costs + prepaids$43,099Not just lender fees.
Before credits & paid funds$1,228,476The complete starting cash picture.
Estimated remaining funds due at closing
$1,228,476No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,185,376.84
Your down payment$1,185,376.84
Closing costs + prepaids$43,098.78
Total buyer cash needed$1,228,475.61
Remaining funds due$1,228,475.61
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%)$22,950.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$5,548.12
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,801.75
Initial HOA (3 months)$134.76
Prepaid interest, first (31 days)$6,446.15
Fees + prepaids$43,098.78
Your down payment is the seller’s equity. You take over the $1,109,623 balance, so the rest of the $2,295,000 price is paid at closing. A second mortgage can cover part of it. $1,228,475.61 is due at closing. Uses and sources reconcile at $2,338,098.78 each. Not a Closing Disclosure.