Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$957,659Cash toward the purchase price.
Closing costs + prepaids$29,051Not just lender fees.
Before credits & paid funds$986,710The complete starting cash picture.
Estimated remaining funds due at closing
$986,710No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$957,658.78
Your down payment$957,658.78
Closing costs + prepaids$29,051.02
Total buyer cash needed$986,709.80
Remaining funds due$986,709.80
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%)$15,999.99
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,211.70
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$598.25
Initial HOA (3 months)$396.00
Prepaid interest, first (24 days)$2,627.08
Fees + prepaids$29,051.02
Your down payment is the seller’s equity. You take over the $642,340 balance, so the rest of the $1,599,999 price is paid at closing. A second mortgage can cover part of it. $986,709.80 is due at closing. Uses and sources reconcile at $1,629,050.02 each. Not a Closing Disclosure.