Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$51,840Cash toward the purchase price.
Closing costs + prepaids$16,036Not just lender fees.
Before credits & paid funds$67,876The complete starting cash picture.
Estimated remaining funds due at closing
$67,876No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$51,840.08
Your down payment$51,840.08
Closing costs + prepaids$16,036.00
Total buyer cash needed$67,876.08
Remaining funds due$67,876.08
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%)$5,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,490.80
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,430.75
Prepaid interest, first (30 days)$1,146.45
Fees + prepaids$16,036.00
Your down payment is the seller’s equity. You take over the $498,160 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $67,876.08 is due at closing. Uses and sources reconcile at $566,036.00 each. Not a Closing Disclosure.