Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$1,097,674Cash toward the purchase price.
Closing costs + prepaids$29,760Not just lender fees.
Before credits & paid funds$1,127,434The complete starting cash picture.
Estimated remaining funds due at closing
$1,127,434No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,097,673.75
Your down payment$1,097,673.75
Closing costs + prepaids$29,760.16
Total buyer cash needed$1,127,433.91
Remaining funds due$1,127,433.91
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%)$2,511.63
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 (26 days)$1,030.53
Fees + prepaids$29,760.16
Your down payment is the seller’s equity. You take over the $502,326 balance, so the rest of the $1,600,000 price is paid at closing. A second mortgage can cover part of it. $1,127,433.91 is due at closing. Uses and sources reconcile at $1,629,760.16 each. Not a Closing Disclosure.