Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$26,225Cash toward the purchase price.
Closing costs + prepaids$14,970Not just lender fees.
Before credits & paid funds$41,196The complete starting cash picture.
Estimated remaining funds due at closing
$41,196No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$26,225.44
Your down payment$26,225.44
Closing costs + prepaids$14,970.43
Total buyer cash needed$41,195.87
Remaining funds due$41,195.87
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%)$4,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,293.87
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,302.75
Prepaid interest, first (30 days)$1,055.81
Fees + prepaids$14,970.43
Your down payment is the seller’s equity. You take over the $458,775 balance, so the rest of the $485,000 price is paid at closing. A second mortgage can cover part of it. $41,195.87 is due at closing. Uses and sources reconcile at $499,970.43 each. Not a Closing Disclosure.