Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$112,503Cash toward the purchase price.
Closing costs + prepaids$13,974Not just lender fees.
Before credits & paid funds$126,477The complete starting cash picture.
Estimated remaining funds due at closing
$126,477No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$112,503.21
Your down payment$112,503.21
Closing costs + prepaids$13,974.09
Total buyer cash needed$126,477.30
Remaining funds due$126,477.30
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%)$4,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,812.48
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$66.00
Initial HOA (3 months)$212.01
Prepaid interest, first (31 days)$1,665.60
Fees + prepaids$13,974.09
Your down payment is the seller’s equity. You take over the $362,497 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $126,477.30 is due at closing. Uses and sources reconcile at $488,974.09 each. Not a Closing Disclosure.