Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$110,157Cash toward the purchase price.
Closing costs + prepaids$16,561Not just lender fees.
Before credits & paid funds$126,718The complete starting cash picture.
Estimated remaining funds due at closing
$126,718No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$110,156.60
Your down payment$110,156.60
Closing costs + prepaids$16,560.96
Total buyer cash needed$126,717.57
Remaining funds due$126,717.57
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%)$5,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,374.22
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$710.25
Initial HOA (3 months)$90.00
Prepaid interest, first (30 days)$2,068.50
Fees + prepaids$16,560.96
Your down payment is the seller’s equity. You take over the $474,843 balance, so the rest of the $585,000 price is paid at closing. A second mortgage can cover part of it. $126,717.57 is due at closing. Uses and sources reconcile at $601,560.96 each. Not a Closing Disclosure.