Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$489,246Cash toward the purchase price.
Closing costs + prepaids$22,607Not just lender fees.
Before credits & paid funds$511,852The complete starting cash picture.
Estimated remaining funds due at closing
$511,852No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$489,245.55
Your down payment$489,245.55
Closing costs + prepaids$22,606.57
Total buyer cash needed$511,852.12
Remaining funds due$511,852.12
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%)$10,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,553.77
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,974.25
Prepaid interest, first (24 days)$1,860.55
Fees + prepaids$22,606.57
Your down payment is the seller’s equity. You take over the $510,754 balance, so the rest of the $1,000,000 price is paid at closing. A second mortgage can cover part of it. $511,852.12 is due at closing. Uses and sources reconcile at $1,022,606.57 each. Not a Closing Disclosure.