Follow the dollars · Assumption only
A complete cash picture for Dec 25, 2026
Your down payment$992,311Cash toward the purchase price.
Closing costs + prepaids$29,575Not just lender fees.
Before credits & paid funds$1,021,886The complete starting cash picture.
Estimated remaining funds due at closing
$1,021,886No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$992,310.98
Your down payment$992,310.98
Closing costs + prepaids$29,575.34
Total buyer cash needed$1,021,886.32
Remaining funds due$1,021,886.32
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%)$16,700.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,388.45
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,004.00
Initial HOA (3 months)$450.00
Prepaid interest, first (7 days)$814.90
Fees + prepaids$29,575.34
Your down payment is the seller’s equity. You take over the $677,689 balance, so the rest of the $1,670,000 price is paid at closing. A second mortgage can cover part of it. $1,021,886.32 is due at closing. Uses and sources reconcile at $1,699,575.34 each. Not a Closing Disclosure.