Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$41,556Cash toward the purchase price.
Closing costs + prepaids$15,030Not just lender fees.
Before credits & paid funds$56,586The complete starting cash picture.
Estimated remaining funds due at closing
$56,586No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$41,556.05
Your down payment$41,556.05
Closing costs + prepaids$15,030.20
Total buyer cash needed$56,586.25
Remaining funds due$56,586.25
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%)$4,889.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,236.72
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$324.50
Initial HOA (3 months)$246.00
Prepaid interest, first (25 days)$1,865.98
Fees + prepaids$15,030.20
Your down payment is the seller’s equity. You take over the $447,344 balance, so the rest of the $488,900 price is paid at closing. A second mortgage can cover part of it. $56,586.25 is due at closing. Uses and sources reconcile at $503,930.20 each. Not a Closing Disclosure.