Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$20,880Cash toward the purchase price.
Closing costs + prepaids$17,286Not just lender fees.
Before credits & paid funds$38,166The complete starting cash picture.
Estimated remaining funds due at closing
$38,166No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$20,880.15
Your down payment$20,880.15
Closing costs + prepaids$17,285.67
Total buyer cash needed$38,165.82
Remaining funds due$38,165.82
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%)$5,050.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,420.60
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,646.50
Initial HOA (3 months)$93.75
Prepaid interest, first (31 days)$2,606.82
Fees + prepaids$17,285.67
Your down payment is the seller’s equity. You take over the $484,120 balance, so the rest of the $505,000 price is paid at closing. A second mortgage can cover part of it. $38,165.82 is due at closing. Uses and sources reconcile at $522,285.67 each. Not a Closing Disclosure.