Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$55,377Cash toward the purchase price.
Closing costs + prepaids$16,195Not just lender fees.
Before credits & paid funds$71,572The complete starting cash picture.
Estimated remaining funds due at closing
$71,572No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$55,376.80
Your down payment$55,376.80
Closing costs + prepaids$16,194.93
Total buyer cash needed$71,571.73
Remaining funds due$71,571.73
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%)$4,800.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,123.12
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,200.00
Prepaid interest, first (31 days)$2,603.81
Fees + prepaids$16,194.93
Your down payment is the seller’s equity. You take over the $424,623 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $71,571.73 is due at closing. Uses and sources reconcile at $496,194.93 each. Not a Closing Disclosure.