Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$1,262,098Cash toward the purchase price.
Closing costs + prepaids$26,137Not just lender fees.
Before credits & paid funds$1,288,235The complete starting cash picture.
Estimated remaining funds due at closing
$1,288,235No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,262,098.37
Your down payment$1,262,098.37
Closing costs + prepaids$26,136.97
Total buyer cash needed$1,288,235.34
Remaining funds due$1,288,235.34
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%)$15,999.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,689.01
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,920.00
Prepaid interest, first (12 days)$310.96
Fees + prepaids$26,136.97
Your down payment is the seller’s equity. You take over the $337,802 balance, so the rest of the $1,599,900 price is paid at closing. A second mortgage can cover part of it. $1,288,235.34 is due at closing. Uses and sources reconcile at $1,626,036.97 each. Not a Closing Disclosure.