Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$1,056,854Cash toward the purchase price.
Closing costs + prepaids$28,242Not just lender fees.
Before credits & paid funds$1,085,096The complete starting cash picture.
Estimated remaining funds due at closing
$1,085,096No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,056,853.85
Your down payment$1,056,853.85
Closing costs + prepaids$28,242.29
Total buyer cash needed$1,085,096.14
Remaining funds due$1,085,096.14
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%)$14,980.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,205.73
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,745.00
Prepaid interest, first (26 days)$1,093.56
Fees + prepaids$28,242.29
Your down payment is the seller’s equity. You take over the $441,146 balance, so the rest of the $1,498,000 price is paid at closing. A second mortgage can cover part of it. $1,085,096.14 is due at closing. Uses and sources reconcile at $1,526,242.29 each. Not a Closing Disclosure.