Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$34,670Cash toward the purchase price.
Closing costs + prepaids$15,336Not just lender fees.
Before credits & paid funds$50,006The complete starting cash picture.
Estimated remaining funds due at closing
$50,006No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$34,670.36
Your down payment$34,670.36
Closing costs + prepaids$15,335.51
Total buyer cash needed$50,005.87
Remaining funds due$50,005.87
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%)$5,890.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,771.65
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$931.00
Initial HOA (3 months)$75.00
Prepaid interest, first (2 days)$199.86
Fees + prepaids$15,335.51
Your down payment is the seller’s equity. You take over the $554,330 balance, so the rest of the $589,000 price is paid at closing. A second mortgage can cover part of it. $50,005.87 is due at closing. Uses and sources reconcile at $604,335.51 each. Not a Closing Disclosure.