Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$1,194,972Cash toward the purchase price.
Closing costs + prepaids$27,740Not just lender fees.
Before credits & paid funds$1,222,711The complete starting cash picture.
Estimated remaining funds due at closing
$1,222,711No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,194,971.50
Your down payment$1,194,971.50
Closing costs + prepaids$27,739.57
Total buyer cash needed$1,222,711.07
Remaining funds due$1,222,711.07
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%)$16,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,275.14
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,980.00
Initial HOA (3 months)$180.00
Prepaid interest, first (12 days)$586.43
Fees + prepaids$27,739.57
Your down payment is the seller’s equity. You take over the $455,028 balance, so the rest of the $1,650,000 price is paid at closing. A second mortgage can cover part of it. $1,222,711.07 is due at closing. Uses and sources reconcile at $1,677,739.57 each. Not a Closing Disclosure.