Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$7,089Cash toward the purchase price.
Closing costs + prepaids$15,144Not just lender fees.
Before credits & paid funds$22,233The complete starting cash picture.
Estimated remaining funds due at closing
$22,233No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$7,089.35
Your down payment$7,089.35
Closing costs + prepaids$15,143.86
Total buyer cash needed$22,233.21
Remaining funds due$22,233.21
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%)$4,999.99
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,464.55
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$307.25
Initial HOA (3 months)$12.51
Prepaid interest, first (23 days)$1,891.56
Fees + prepaids$15,143.86
Your down payment is the seller’s equity. You take over the $492,910 balance, so the rest of the $499,999 price is paid at closing. A second mortgage can cover part of it. $22,233.21 is due at closing. Uses and sources reconcile at $515,142.86 each. Not a Closing Disclosure.