Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$858,035Cash toward the purchase price.
Closing costs + prepaids$28,467Not just lender fees.
Before credits & paid funds$886,503The complete starting cash picture.
Estimated remaining funds due at closing
$886,503No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$858,035.11
Your down payment$858,035.11
Closing costs + prepaids$28,467.40
Total buyer cash needed$886,502.51
Remaining funds due$886,502.51
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%)$3,459.82
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 (23 days)$1,386.58
Fees + prepaids$28,467.40
Your down payment is the seller’s equity. You take over the $691,965 balance, so the rest of the $1,550,000 price is paid at closing. A second mortgage can cover part of it. $886,502.51 is due at closing. Uses and sources reconcile at $1,578,467.40 each. Not a Closing Disclosure.