Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$854,980Cash toward the purchase price.
Closing costs + prepaids$26,888Not just lender fees.
Before credits & paid funds$881,868The complete starting cash picture.
Estimated remaining funds due at closing
$881,868No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$854,980.35
Your down payment$854,980.35
Closing costs + prepaids$26,887.76
Total buyer cash needed$881,868.11
Remaining funds due$881,868.11
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%)$3,225.10
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,800.00
Prepaid interest, first (12 days)$644.67
Fees + prepaids$26,887.76
Your down payment is the seller’s equity. You take over the $645,020 balance, so the rest of the $1,500,000 price is paid at closing. A second mortgage can cover part of it. $881,868.11 is due at closing. Uses and sources reconcile at $1,526,887.76 each. Not a Closing Disclosure.