Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$133,547Cash toward the purchase price.
Closing costs + prepaids$16,500Not just lender fees.
Before credits & paid funds$150,048The complete starting cash picture.
Estimated remaining funds due at closing
$150,048No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$133,547.04
Your down payment$133,547.04
Closing costs + prepaids$16,500.46
Total buyer cash needed$150,047.50
Remaining funds due$150,047.50
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%)$5,899.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,281.76
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$875.00
Prepaid interest, first (31 days)$1,976.70
Fees + prepaids$16,500.46
Your down payment is the seller’s equity. You take over the $456,353 balance, so the rest of the $589,900 price is paid at closing. A second mortgage can cover part of it. $150,047.50 is due at closing. Uses and sources reconcile at $606,400.46 each. Not a Closing Disclosure.