Follow the dollars · Assumption only
A complete cash picture for Dec 28, 2026
Your down payment$442,954Cash toward the purchase price.
Closing costs + prepaids$21,935Not just lender fees.
Before credits & paid funds$464,889The complete starting cash picture.
Estimated remaining funds due at closing
$464,889No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$442,953.74
Your down payment$442,953.74
Closing costs + prepaids$21,935.38
Total buyer cash needed$464,889.12
Remaining funds due$464,889.12
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%)$10,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,785.23
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,550.00
Prepaid interest, first (4 days)$382.15
Fees + prepaids$21,935.38
Your down payment is the seller’s equity. You take over the $557,046 balance, so the rest of the $1,000,000 price is paid at closing. A second mortgage can cover part of it. $464,889.12 is due at closing. Uses and sources reconcile at $1,021,935.38 each. Not a Closing Disclosure.