Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$1,241,904Cash toward the purchase price.
Closing costs + prepaids$25,311Not just lender fees.
Before credits & paid funds$1,267,215The complete starting cash picture.
Estimated remaining funds due at closing
$1,267,215No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,241,903.62
Your down payment$1,241,903.62
Closing costs + prepaids$25,311.11
Total buyer cash needed$1,267,214.73
Remaining funds due$1,267,214.73
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%)$1,790.48
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$580.75
Prepaid interest, first (26 days)$721.88
Fees + prepaids$25,311.11
Your down payment is the seller’s equity. You take over the $358,096 balance, so the rest of the $1,600,000 price is paid at closing. A second mortgage can cover part of it. $1,267,214.73 is due at closing. Uses and sources reconcile at $1,625,311.11 each. Not a Closing Disclosure.