Follow the dollars · Assumption only
A complete cash picture for Dec 13, 2026
Your down payment$372,697Cash toward the purchase price.
Closing costs + prepaids$23,946Not just lender fees.
Before credits & paid funds$396,643The complete starting cash picture.
Estimated remaining funds due at closing
$396,643No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$372,696.60
Your down payment$372,696.60
Closing costs + prepaids$23,946.47
Total buyer cash needed$396,643.07
Remaining funds due$396,643.07
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%)$11,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,636.52
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$649.75
Initial HOA (3 months)$447.00
Prepaid interest, first (19 days)$1,995.20
Fees + prepaids$23,946.47
Your down payment is the seller’s equity. You take over the $727,303 balance, so the rest of the $1,100,000 price is paid at closing. A second mortgage can cover part of it. $396,643.07 is due at closing. Uses and sources reconcile at $1,123,946.47 each. Not a Closing Disclosure.