Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$24,992Cash toward the purchase price.
Closing costs + prepaids$15,428Not just lender fees.
Before credits & paid funds$40,419The complete starting cash picture.
Estimated remaining funds due at closing
$40,419No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$24,991.61
Your down payment$24,991.61
Closing costs + prepaids$15,427.56
Total buyer cash needed$40,419.17
Remaining funds due$40,419.17
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%)$4,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,125.04
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$1,104.50
Initial HOA (3 months)$171.00
Prepaid interest, first (30 days)$2,309.02
Fees + prepaids$15,427.56
Your down payment is the seller’s equity. You take over the $425,008 balance, so the rest of the $450,000 price is paid at closing. A second mortgage can cover part of it. $40,419.17 is due at closing. Uses and sources reconcile at $465,427.56 each. Not a Closing Disclosure.