Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$1,277,022Cash toward the purchase price.
Closing costs + prepaids$26,651Not just lender fees.
Before credits & paid funds$1,303,673The complete starting cash picture.
Estimated remaining funds due at closing
$1,303,673No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,277,022.40
Your down payment$1,277,022.40
Closing costs + prepaids$26,651.02
Total buyer cash needed$1,303,673.42
Remaining funds due$1,303,673.42
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%)$1,114.89
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,750.00
Prepaid interest, first (30 days)$568.13
Fees + prepaids$26,651.02
Your down payment is the seller’s equity. You take over the $222,978 balance, so the rest of the $1,500,000 price is paid at closing. A second mortgage can cover part of it. $1,303,673.42 is due at closing. Uses and sources reconcile at $1,526,651.02 each. Not a Closing Disclosure.