Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$987,720Cash toward the purchase price.
Closing costs + prepaids$33,582Not just lender fees.
Before credits & paid funds$1,021,302The complete starting cash picture.
Estimated remaining funds due at closing
$1,021,302No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$987,720.04
Your down payment$987,720.04
Closing costs + prepaids$33,582.04
Total buyer cash needed$1,021,302.08
Remaining funds due$1,021,302.08
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%)$17,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,811.40
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$4,375.00
Prepaid interest, first (29 days)$1,677.64
Fees + prepaids$33,582.04
Your down payment is the seller’s equity. You take over the $762,280 balance, so the rest of the $1,750,000 price is paid at closing. A second mortgage can cover part of it. $1,021,302.08 is due at closing. Uses and sources reconcile at $1,783,582.04 each. Not a Closing Disclosure.