Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$40,744Cash toward the purchase price.
Closing costs + prepaids$18,054Not just lender fees.
Before credits & paid funds$58,798The complete starting cash picture.
Estimated remaining funds due at closing
$58,798No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,744.35
Your down payment$40,744.35
Closing costs + prepaids$18,053.53
Total buyer cash needed$58,797.89
Remaining funds due$58,797.89
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%)$2,745.78
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$992.50
Initial HOA (3 months)$210.00
Prepaid interest, first (28 days)$2,738.26
Fees + prepaids$18,053.53
Your down payment is the seller’s equity. You take over the $549,156 balance, so the rest of the $589,900 price is paid at closing. A second mortgage can cover part of it. $58,797.89 is due at closing. Uses and sources reconcile at $607,953.53 each. Not a Closing Disclosure.