Follow the dollars · Assumption only
A complete cash picture for Dec 12, 2026
Your down payment$392,609Cash toward the purchase price.
Closing costs + prepaids$25,286Not just lender fees.
Before credits & paid funds$417,894The complete starting cash picture.
Estimated remaining funds due at closing
$417,894No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$392,608.58
Your down payment$392,608.58
Closing costs + prepaids$25,285.82
Total buyer cash needed$417,894.40
Remaining funds due$417,894.40
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%)$11,250.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,661.96
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,038.00
Initial HOA (3 months)$405.00
Prepaid interest, first (20 days)$2,712.86
Fees + prepaids$25,285.82
Your down payment is the seller’s equity. You take over the $732,391 balance, so the rest of the $1,125,000 price is paid at closing. A second mortgage can cover part of it. $417,894.40 is due at closing. Uses and sources reconcile at $1,150,285.82 each. Not a Closing Disclosure.