Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$2,381,490Cash toward the purchase price.
Closing costs + prepaids$50,755Not just lender fees.
Before credits & paid funds$2,432,245The complete starting cash picture.
Estimated remaining funds due at closing
$2,432,245No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$2,381,490.08
Your down payment$2,381,490.08
Closing costs + prepaids$50,755.17
Total buyer cash needed$2,432,245.25
Remaining funds due$2,432,245.25
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%)$31,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,592.55
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$7,750.00
Initial HOA (3 months)$345.00
Prepaid interest, first (27 days)$1,849.62
Fees + prepaids$50,755.17
Your down payment is the seller’s equity. You take over the $718,510 balance, so the rest of the $3,100,000 price is paid at closing. A second mortgage can cover part of it. $2,432,245.25 is due at closing. Uses and sources reconcile at $3,150,755.17 each. Not a Closing Disclosure.