Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$217,030Cash toward the purchase price.
Closing costs + prepaids$27,764Not just lender fees.
Before credits & paid funds$244,794The complete starting cash picture.
Estimated remaining funds due at closing
$244,794No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$217,029.68
Your down payment$217,029.68
Closing costs + prepaids$27,764.42
Total buyer cash needed$244,794.10
Remaining funds due$244,794.10
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%)$12,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$4,914.85
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$982.75
Initial HOA (3 months)$750.00
Prepaid interest, first (18 days)$2,898.82
Fees + prepaids$27,764.42
Your down payment is the seller’s equity. You take over the $982,970 balance, so the rest of the $1,200,000 price is paid at closing. A second mortgage can cover part of it. $244,794.10 is due at closing. Uses and sources reconcile at $1,227,764.42 each. Not a Closing Disclosure.