Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$104,950Cash toward the purchase price.
Closing costs + prepaids$15,505Not just lender fees.
Before credits & paid funds$120,455The complete starting cash picture.
Estimated remaining funds due at closing
$120,455No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$104,950.05
Your down payment$104,950.05
Closing costs + prepaids$15,504.60
Total buyer cash needed$120,454.66
Remaining funds due$120,454.66
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%)$5,755.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,352.75
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$579.50
Initial HOA (3 months)$186.00
Prepaid interest, first (24 days)$1,163.35
Fees + prepaids$15,504.60
Your down payment is the seller’s equity. You take over the $470,550 balance, so the rest of the $575,500 price is paid at closing. A second mortgage can cover part of it. $120,454.66 is due at closing. Uses and sources reconcile at $591,004.60 each. Not a Closing Disclosure.