Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$1,223,951Cash toward the purchase price.
Closing costs + prepaids$27,931Not just lender fees.
Before credits & paid funds$1,251,882The complete starting cash picture.
Estimated remaining funds due at closing
$1,251,882No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,223,950.97
Your down payment$1,223,950.97
Closing costs + prepaids$27,930.58
Total buyer cash needed$1,251,881.54
Remaining funds due$1,251,881.54
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%)$16,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,255.25
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,010.00
Prepaid interest, first (9 days)$697.33
Fees + prepaids$27,930.58
Your down payment is the seller’s equity. You take over the $451,049 balance, so the rest of the $1,675,000 price is paid at closing. A second mortgage can cover part of it. $1,251,881.54 is due at closing. Uses and sources reconcile at $1,702,930.58 each. Not a Closing Disclosure.