Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$855,400Cash toward the purchase price.
Closing costs + prepaids$29,647Not just lender fees.
Before credits & paid funds$885,047The complete starting cash picture.
Estimated remaining funds due at closing
$885,047No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$855,400.25
Your down payment$855,400.25
Closing costs + prepaids$29,646.89
Total buyer cash needed$885,047.13
Remaining funds due$885,047.13
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%)$14,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,098.00
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,750.25
Prepaid interest, first (25 days)$2,830.64
Fees + prepaids$29,646.89
Your down payment is the seller’s equity. You take over the $619,600 balance, so the rest of the $1,475,000 price is paid at closing. A second mortgage can cover part of it. $885,047.13 is due at closing. Uses and sources reconcile at $1,504,646.89 each. Not a Closing Disclosure.