Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$863,810Cash toward the purchase price.
Closing costs + prepaids$28,315Not just lender fees.
Before credits & paid funds$892,126The complete starting cash picture.
Estimated remaining funds due at closing
$892,126No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$863,810.30
Your down payment$863,810.30
Closing costs + prepaids$28,315.28
Total buyer cash needed$892,125.58
Remaining funds due$892,125.58
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%)$15,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,430.95
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,840.50
Initial HOA (3 months)$62.49
Prepaid interest, first (24 days)$1,263.34
Fees + prepaids$28,315.28
Your down payment is the seller’s equity. You take over the $686,190 balance, so the rest of the $1,550,000 price is paid at closing. A second mortgage can cover part of it. $892,125.58 is due at closing. Uses and sources reconcile at $1,578,315.28 each. Not a Closing Disclosure.