Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$147,388Cash toward the purchase price.
Closing costs + prepaids$17,628Not just lender fees.
Before credits & paid funds$165,016The complete starting cash picture.
Estimated remaining funds due at closing
$165,016No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$147,387.78
Your down payment$147,387.78
Closing costs + prepaids$17,628.34
Total buyer cash needed$165,016.12
Remaining funds due$165,016.12
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%)$5,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,188.06
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,137.00
Initial HOA (3 months)$597.00
Prepaid interest, first (30 days)$2,388.28
Fees + prepaids$17,628.34
Your down payment is the seller’s equity. You take over the $437,612 balance, so the rest of the $585,000 price is paid at closing. A second mortgage can cover part of it. $165,016.12 is due at closing. Uses and sources reconcile at $602,628.34 each. Not a Closing Disclosure.