Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$445,917Cash toward the purchase price.
Closing costs + prepaids$34,265Not just lender fees.
Before credits & paid funds$480,182The complete starting cash picture.
Estimated remaining funds due at closing
$480,182No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$445,917.49
Your down payment$445,917.49
Closing costs + prepaids$34,264.96
Total buyer cash needed$480,182.45
Remaining funds due$480,182.45
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%)$16,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$5,770.41
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$4,000.00
Prepaid interest, first (25 days)$2,276.55
Fees + prepaids$34,264.96
Your down payment is the seller’s equity. You take over the $1,154,083 balance, so the rest of the $1,600,000 price is paid at closing. A second mortgage can cover part of it. $480,182.45 is due at closing. Uses and sources reconcile at $1,634,264.96 each. Not a Closing Disclosure.