Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$949,864Cash toward the purchase price.
Closing costs + prepaids$34,762Not just lender fees.
Before credits & paid funds$984,626The complete starting cash picture.
Estimated remaining funds due at closing
$984,626No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$949,863.71
Your down payment$949,863.71
Closing costs + prepaids$34,761.98
Total buyer cash needed$984,625.70
Remaining funds due$984,625.70
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%)$19,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$5,125.68
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,370.00
Initial HOA (3 months)$84.99
Prepaid interest, first (12 days)$1,213.31
Fees + prepaids$34,761.98
Your down payment is the seller’s equity. You take over the $1,025,136 balance, so the rest of the $1,975,000 price is paid at closing. A second mortgage can cover part of it. $984,625.70 is due at closing. Uses and sources reconcile at $2,009,761.98 each. Not a Closing Disclosure.