Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$6,722Cash toward the purchase price.
Closing costs + prepaids$18,027Not just lender fees.
Before credits & paid funds$24,749The complete starting cash picture.
Estimated remaining funds due at closing
$24,749No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$6,722.23
Your down payment$6,722.23
Closing costs + prepaids$18,027.00
Total buyer cash needed$24,749.23
Remaining funds due$24,749.23
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%)$2,915.89
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,132.75
Prepaid interest, first (24 days)$2,611.36
Fees + prepaids$18,027.00
Your down payment is the seller’s equity. You take over the $583,178 balance, so the rest of the $589,900 price is paid at closing. A second mortgage can cover part of it. $24,749.23 is due at closing. Uses and sources reconcile at $607,927.00 each. Not a Closing Disclosure.