Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$216,673Cash toward the purchase price.
Closing costs + prepaids$25,191Not just lender fees.
Before credits & paid funds$241,864The complete starting cash picture.
Estimated remaining funds due at closing
$241,864No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$216,672.77
Your down payment$216,672.77
Closing costs + prepaids$25,190.75
Total buyer cash needed$241,863.52
Remaining funds due$241,863.52
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%)$10,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,916.64
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,916.75
Initial HOA (3 months)$255.00
Prepaid interest, first (30 days)$2,884.36
Fees + prepaids$25,190.75
Your down payment is the seller’s equity. You take over the $783,327 balance, so the rest of the $1,000,000 price is paid at closing. A second mortgage can cover part of it. $241,863.52 is due at closing. Uses and sources reconcile at $1,025,190.75 each. Not a Closing Disclosure.