Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$992,311Cash toward the purchase price.
Closing costs + prepaids$30,157Not just lender fees.
Before credits & paid funds$1,022,468The complete starting cash picture.
Estimated remaining funds due at closing
$1,022,468No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$992,310.98
Your down payment$992,310.98
Closing costs + prepaids$30,157.41
Total buyer cash needed$1,022,468.39
Remaining funds due$1,022,468.39
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%)$16,700.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,388.45
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,004.00
Initial HOA (3 months)$450.00
Prepaid interest, first (12 days)$1,396.97
Fees + prepaids$30,157.41
Your down payment is the seller’s equity. You take over the $677,689 balance, so the rest of the $1,670,000 price is paid at closing. A second mortgage can cover part of it. $1,022,468.39 is due at closing. Uses and sources reconcile at $1,700,157.41 each. Not a Closing Disclosure.