Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$735,376Cash toward the purchase price.
Closing costs + prepaids$20,221Not just lender fees.
Before credits & paid funds$755,597The complete starting cash picture.
Estimated remaining funds due at closing
$755,597No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$735,376.12
Your down payment$735,376.12
Closing costs + prepaids$20,221.29
Total buyer cash needed$755,597.41
Remaining funds due$755,597.41
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%)$1,323.12
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,246.00
Initial HOA (3 months)$696.99
Prepaid interest, first (31 days)$737.18
Fees + prepaids$20,221.29
Your down payment is the seller’s equity. You take over the $264,624 balance, so the rest of the $1,000,000 price is paid at closing. A second mortgage can cover part of it. $755,597.41 is due at closing. Uses and sources reconcile at $1,020,221.29 each. Not a Closing Disclosure.