Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$24,749Cash toward the purchase price.
Closing costs + prepaids$15,910Not just lender fees.
Before credits & paid funds$40,660The complete starting cash picture.
Estimated remaining funds due at closing
$40,660No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$24,749.25
Your down payment$24,749.25
Closing costs + prepaids$15,910.41
Total buyer cash needed$40,659.65
Remaining funds due$40,659.65
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%)$5,899.90
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,826.20
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,376.00
Initial HOA (3 months)$165.00
Prepaid interest, first (2 days)$175.30
Fees + prepaids$15,910.41
Your down payment is the seller’s equity. You take over the $565,241 balance, so the rest of the $589,990 price is paid at closing. A second mortgage can cover part of it. $40,659.65 is due at closing. Uses and sources reconcile at $605,900.41 each. Not a Closing Disclosure.