Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$575,387Cash toward the purchase price.
Closing costs + prepaids$21,761Not just lender fees.
Before credits & paid funds$597,148The complete starting cash picture.
Estimated remaining funds due at closing
$597,148No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$575,386.81
Your down payment$575,386.81
Closing costs + prepaids$21,761.46
Total buyer cash needed$597,148.27
Remaining funds due$597,148.27
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%)$10,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,123.07
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,573.50
Prepaid interest, first (28 days)$1,846.89
Fees + prepaids$21,761.46
Your down payment is the seller’s equity. You take over the $424,613 balance, so the rest of the $1,000,000 price is paid at closing. A second mortgage can cover part of it. $597,148.27 is due at closing. Uses and sources reconcile at $1,021,761.46 each. Not a Closing Disclosure.