Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$1,902,597Cash toward the purchase price.
Closing costs + prepaids$44,460Not just lender fees.
Before credits & paid funds$1,947,057The complete starting cash picture.
Estimated remaining funds due at closing
$1,947,057No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,902,597.18
Your down payment$1,902,597.18
Closing costs + prepaids$44,459.68
Total buyer cash needed$1,947,056.86
Remaining funds due$1,947,056.86
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%)$25,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,237.01
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$6,375.00
Initial HOA (3 months)$1,851.00
Prepaid interest, first (27 days)$1,278.66
Fees + prepaids$44,459.68
Your down payment is the seller’s equity. You take over the $647,403 balance, so the rest of the $2,550,000 price is paid at closing. A second mortgage can cover part of it. $1,947,056.86 is due at closing. Uses and sources reconcile at $2,594,459.68 each. Not a Closing Disclosure.