Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$1,008,434Cash toward the purchase price.
Closing costs + prepaids$27,814Not just lender fees.
Before credits & paid funds$1,036,248The complete starting cash picture.
Estimated remaining funds due at closing
$1,036,248No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,008,434.11
Your down payment$1,008,434.11
Closing costs + prepaids$27,813.67
Total buyer cash needed$1,036,247.78
Remaining funds due$1,036,247.78
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%)$15,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,707.83
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,466.50
Initial HOA (3 months)$675.00
Prepaid interest, first (28 days)$1,246.34
Fees + prepaids$27,813.67
Your down payment is the seller’s equity. You take over the $541,566 balance, so the rest of the $1,550,000 price is paid at closing. A second mortgage can cover part of it. $1,036,247.78 is due at closing. Uses and sources reconcile at $1,577,813.67 each. Not a Closing Disclosure.