Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$1,194,972Cash toward the purchase price.
Closing costs + prepaids$28,484Not just lender fees.
Before credits & paid funds$1,223,455The complete starting cash picture.
Estimated remaining funds due at closing
$1,223,455No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,194,971.50
Your down payment$1,194,971.50
Closing costs + prepaids$28,483.74
Total buyer cash needed$1,223,455.25
Remaining funds due$1,223,455.25
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%)$16,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,275.14
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,137.75
Initial HOA (3 months)$180.00
Prepaid interest, first (24 days)$1,172.85
Fees + prepaids$28,483.74
Your down payment is the seller’s equity. You take over the $455,028 balance, so the rest of the $1,650,000 price is paid at closing. A second mortgage can cover part of it. $1,223,455.25 is due at closing. Uses and sources reconcile at $1,678,483.74 each. Not a Closing Disclosure.