Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$55,702Cash toward the purchase price.
Closing costs + prepaids$15,708Not just lender fees.
Before credits & paid funds$71,409The complete starting cash picture.
Estimated remaining funds due at closing
$71,409No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$55,701.85
Your down payment$55,701.85
Closing costs + prepaids$15,707.63
Total buyer cash needed$71,409.47
Remaining funds due$71,409.47
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%)$4,900.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,171.49
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,142.25
Initial HOA (3 months)$159.00
Prepaid interest, first (30 days)$1,866.89
Fees + prepaids$15,707.63
Your down payment is the seller’s equity. You take over the $434,298 balance, so the rest of the $490,000 price is paid at closing. A second mortgage can cover part of it. $71,409.47 is due at closing. Uses and sources reconcile at $505,707.63 each. Not a Closing Disclosure.