Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$1,030,338Cash toward the purchase price.
Closing costs + prepaids$25,535Not just lender fees.
Before credits & paid funds$1,055,873The complete starting cash picture.
Estimated remaining funds due at closing
$1,055,873No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,030,338.29
Your down payment$1,030,338.29
Closing costs + prepaids$25,535.01
Total buyer cash needed$1,055,873.30
Remaining funds due$1,055,873.30
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%)$15,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,348.31
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$963.50
Prepaid interest, first (28 days)$1,005.20
Fees + prepaids$25,535.01
Your down payment is the seller’s equity. You take over the $469,662 balance, so the rest of the $1,500,000 price is paid at closing. A second mortgage can cover part of it. $1,055,873.30 is due at closing. Uses and sources reconcile at $1,525,535.01 each. Not a Closing Disclosure.