Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$1,023,325Cash toward the purchase price.
Closing costs + prepaids$24,118Not just lender fees.
Before credits & paid funds$1,047,443The complete starting cash picture.
Estimated remaining funds due at closing
$1,047,443No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,023,324.62
Your down payment$1,023,324.62
Closing costs + prepaids$24,118.43
Total buyer cash needed$1,047,443.05
Remaining funds due$1,047,443.05
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%)$14,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,883.38
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,092.50
Prepaid interest, first (31 days)$924.56
Fees + prepaids$24,118.43
Your down payment is the seller’s equity. You take over the $376,675 balance, so the rest of the $1,400,000 price is paid at closing. A second mortgage can cover part of it. $1,047,443.05 is due at closing. Uses and sources reconcile at $1,424,118.43 each. Not a Closing Disclosure.