Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$1,277,022Cash toward the purchase price.
Closing costs + prepaids$26,632Not just lender fees.
Before credits & paid funds$1,303,654The complete starting cash picture.
Estimated remaining funds due at closing
$1,303,654No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,277,022.40
Your down payment$1,277,022.40
Closing costs + prepaids$26,632.08
Total buyer cash needed$1,303,654.48
Remaining funds due$1,303,654.48
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%)$15,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,114.89
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,750.00
Prepaid interest, first (29 days)$549.20
Fees + prepaids$26,632.08
Your down payment is the seller’s equity. You take over the $222,978 balance, so the rest of the $1,500,000 price is paid at closing. A second mortgage can cover part of it. $1,303,654.48 is due at closing. Uses and sources reconcile at $1,526,632.08 each. Not a Closing Disclosure.