Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$1,066,376Cash toward the purchase price.
Closing costs + prepaids$26,732Not just lender fees.
Before credits & paid funds$1,093,108The complete starting cash picture.
Estimated remaining funds due at closing
$1,093,108No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,066,375.79
Your down payment$1,066,375.79
Closing costs + prepaids$26,732.12
Total buyer cash needed$1,093,107.90
Remaining funds due$1,093,107.90
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%)$2,168.12
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,553.00
Prepaid interest, first (25 days)$793.00
Fees + prepaids$26,732.12
Your down payment is the seller’s equity. You take over the $433,624 balance, so the rest of the $1,500,000 price is paid at closing. A second mortgage can cover part of it. $1,093,107.90 is due at closing. Uses and sources reconcile at $1,526,732.12 each. Not a Closing Disclosure.