Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$954,994Cash toward the purchase price.
Closing costs + prepaids$40,165Not just lender fees.
Before credits & paid funds$995,159The complete starting cash picture.
Estimated remaining funds due at closing
$995,159No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$954,994.32
Your down payment$954,994.32
Closing costs + prepaids$40,164.53
Total buyer cash needed$995,158.84
Remaining funds due$995,158.84
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%)$23,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$6,725.03
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,760.00
Initial HOA (3 months)$143.76
Prepaid interest, first (12 days)$1,317.74
Fees + prepaids$40,164.53
Your down payment is the seller’s equity. You take over the $1,345,006 balance, so the rest of the $2,300,000 price is paid at closing. A second mortgage can cover part of it. $995,158.84 is due at closing. Uses and sources reconcile at $2,340,164.53 each. Not a Closing Disclosure.