Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$303,615Cash toward the purchase price.
Closing costs + prepaids$27,958Not just lender fees.
Before credits & paid funds$331,573The complete starting cash picture.
Estimated remaining funds due at closing
$331,573No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$303,614.87
Your down payment$303,614.87
Closing costs + prepaids$27,958.31
Total buyer cash needed$331,573.18
Remaining funds due$331,573.18
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%)$12,990.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$4,976.93
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,558.75
Initial HOA (3 months)$87.51
Prepaid interest, first (12 days)$2,127.12
Fees + prepaids$27,958.31
Your down payment is the seller’s equity. You take over the $995,385 balance, so the rest of the $1,299,000 price is paid at closing. A second mortgage can cover part of it. $331,573.18 is due at closing. Uses and sources reconcile at $1,326,958.31 each. Not a Closing Disclosure.