Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$1,250,648Cash toward the purchase price.
Closing costs + prepaids$25,222Not just lender fees.
Before credits & paid funds$1,275,870The complete starting cash picture.
Estimated remaining funds due at closing
$1,275,870No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,250,648.14
Your down payment$1,250,648.14
Closing costs + prepaids$25,222.30
Total buyer cash needed$1,275,870.44
Remaining funds due$1,275,870.44
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%)$14,800.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,146.76
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,212.75
Initial HOA (3 months)$300.00
Prepaid interest, first (30 days)$544.79
Fees + prepaids$25,222.30
Your down payment is the seller’s equity. You take over the $229,352 balance, so the rest of the $1,480,000 price is paid at closing. A second mortgage can cover part of it. $1,275,870.44 is due at closing. Uses and sources reconcile at $1,505,222.30 each. Not a Closing Disclosure.