Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$40,547Cash toward the purchase price.
Closing costs + prepaids$15,401Not just lender fees.
Before credits & paid funds$55,948The complete starting cash picture.
Estimated remaining funds due at closing
$55,948No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,547.40
Your down payment$40,547.40
Closing costs + prepaids$15,400.53
Total buyer cash needed$55,947.92
Remaining funds due$55,947.92
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%)$5,900.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,747.26
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$942.50
Initial HOA (3 months)$279.99
Prepaid interest, first (1 days)$62.77
Fees + prepaids$15,400.53
Your down payment is the seller’s equity. You take over the $549,453 balance, so the rest of the $590,000 price is paid at closing. A second mortgage can cover part of it. $55,947.92 is due at closing. Uses and sources reconcile at $605,400.53 each. Not a Closing Disclosure.