Follow the dollars · Assumption only
A complete cash picture for Dec 26, 2026
Your down payment$224,230Cash toward the purchase price.
Closing costs + prepaids$28,303Not just lender fees.
Before credits & paid funds$252,533The complete starting cash picture.
Estimated remaining funds due at closing
$252,533No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$224,230.31
Your down payment$224,230.31
Closing costs + prepaids$28,302.97
Total buyer cash needed$252,533.28
Remaining funds due$252,533.28
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%)$13,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$5,628.85
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,620.00
Prepaid interest, first (6 days)$1,336.12
Fees + prepaids$28,302.97
Your down payment is the seller’s equity. You take over the $1,125,770 balance, so the rest of the $1,350,000 price is paid at closing. A second mortgage can cover part of it. $252,533.28 is due at closing. Uses and sources reconcile at $1,378,302.97 each. Not a Closing Disclosure.