Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$115,915Cash toward the purchase price.
Closing costs + prepaids$15,100Not just lender fees.
Before credits & paid funds$131,016The complete starting cash picture.
Estimated remaining funds due at closing
$131,016No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$115,915.12
Your down payment$115,915.12
Closing costs + prepaids$15,100.48
Total buyer cash needed$131,015.60
Remaining funds due$131,015.60
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%)$5,050.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,945.42
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,744.50
Initial HOA (3 months)$819.00
Prepaid interest, first (1 days)$73.55
Fees + prepaids$15,100.48
Your down payment is the seller’s equity. You take over the $389,085 balance, so the rest of the $505,000 price is paid at closing. A second mortgage can cover part of it. $131,015.60 is due at closing. Uses and sources reconcile at $520,100.48 each. Not a Closing Disclosure.