Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$1,165,985Cash toward the purchase price.
Closing costs + prepaids$34,912Not just lender fees.
Before credits & paid funds$1,200,897The complete starting cash picture.
Estimated remaining funds due at closing
$1,200,897No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,165,985.14
Your down payment$1,165,985.14
Closing costs + prepaids$34,911.56
Total buyer cash needed$1,200,896.70
Remaining funds due$1,200,896.70
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%)$20,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$4,420.07
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,679.75
Initial HOA (3 months)$495.00
Prepaid interest, first (23 days)$1,598.73
Fees + prepaids$34,911.56
Your down payment is the seller’s equity. You take over the $884,015 balance, so the rest of the $2,050,000 price is paid at closing. A second mortgage can cover part of it. $1,200,896.70 is due at closing. Uses and sources reconcile at $2,084,911.56 each. Not a Closing Disclosure.