Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$1,461,788Cash toward the purchase price.
Closing costs + prepaids$39,806Not just lender fees.
Before credits & paid funds$1,501,594The complete starting cash picture.
Estimated remaining funds due at closing
$1,501,594No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,461,788.30
Your down payment$1,461,788.30
Closing costs + prepaids$39,806.07
Total buyer cash needed$1,501,594.37
Remaining funds due$1,501,594.37
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%)$21,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,441.06
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$7,343.75
Prepaid interest, first (24 days)$1,303.27
Fees + prepaids$39,806.07
Your down payment is the seller’s equity. You take over the $688,212 balance, so the rest of the $2,150,000 price is paid at closing. A second mortgage can cover part of it. $1,501,594.37 is due at closing. Uses and sources reconcile at $2,189,806.07 each. Not a Closing Disclosure.