Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$8,778Cash toward the purchase price.
Closing costs + prepaids$16,273Not just lender fees.
Before credits & paid funds$25,051The complete starting cash picture.
Estimated remaining funds due at closing
$25,051No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$8,777.84
Your down payment$8,777.84
Closing costs + prepaids$16,272.68
Total buyer cash needed$25,050.51
Remaining funds due$25,050.51
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%)$4,800.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,356.11
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,121.00
Initial HOA (3 months)$165.00
Prepaid interest, first (30 days)$2,362.57
Fees + prepaids$16,272.68
Your down payment is the seller’s equity. You take over the $471,222 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $25,050.51 is due at closing. Uses and sources reconcile at $496,272.68 each. Not a Closing Disclosure.