Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$69,904Cash toward the purchase price.
Closing costs + prepaids$15,600Not just lender fees.
Before credits & paid funds$85,504The complete starting cash picture.
Estimated remaining funds due at closing
$85,504No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$69,903.54
Your down payment$69,903.54
Closing costs + prepaids$15,600.44
Total buyer cash needed$85,503.97
Remaining funds due$85,503.97
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%)$4,880.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,090.48
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$654.25
Initial HOA (3 months)$195.00
Prepaid interest, first (30 days)$2,312.70
Fees + prepaids$15,600.44
Your down payment is the seller’s equity. You take over the $418,096 balance, so the rest of the $488,000 price is paid at closing. A second mortgage can cover part of it. $85,503.97 is due at closing. Uses and sources reconcile at $503,600.44 each. Not a Closing Disclosure.