Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$570,612Cash toward the purchase price.
Closing costs + prepaids$21,116Not just lender fees.
Before credits & paid funds$591,728The complete starting cash picture.
Estimated remaining funds due at closing
$591,728No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$570,611.92
Your down payment$570,611.92
Closing costs + prepaids$21,116.46
Total buyer cash needed$591,728.38
Remaining funds due$591,728.38
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%)$2,146.94
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,635.50
Initial HOA (3 months)$47.49
Prepaid interest, first (31 days)$1,068.53
Fees + prepaids$21,116.46
Your down payment is the seller’s equity. You take over the $429,388 balance, so the rest of the $1,000,000 price is paid at closing. A second mortgage can cover part of it. $591,728.38 is due at closing. Uses and sources reconcile at $1,021,116.46 each. Not a Closing Disclosure.