Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$1,071,571Cash toward the purchase price.
Closing costs + prepaids$29,299Not just lender fees.
Before credits & paid funds$1,100,871The complete starting cash picture.
Estimated remaining funds due at closing
$1,100,871No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,071,571.27
Your down payment$1,071,571.27
Closing costs + prepaids$29,299.30
Total buyer cash needed$1,100,870.57
Remaining funds due$1,100,870.57
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%)$14,990.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,137.14
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$4,907.25
Prepaid interest, first (30 days)$1,046.91
Fees + prepaids$29,299.30
Your down payment is the seller’s equity. You take over the $427,429 balance, so the rest of the $1,499,000 price is paid at closing. A second mortgage can cover part of it. $1,100,870.57 is due at closing. Uses and sources reconcile at $1,528,299.30 each. Not a Closing Disclosure.