Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$50,071Cash toward the purchase price.
Closing costs + prepaids$12,506Not just lender fees.
Before credits & paid funds$62,577The complete starting cash picture.
Estimated remaining funds due at closing
$62,577No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$50,071.22
Your down payment$50,071.22
Closing costs + prepaids$12,506.13
Total buyer cash needed$62,577.35
Remaining funds due$62,577.35
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%)$4,084.99
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,792.14
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$365.50
Initial HOA (3 months)$255.00
Prepaid interest, first (25 days)$790.51
Fees + prepaids$12,506.13
Your down payment is the seller’s equity. You take over the $358,428 balance, so the rest of the $408,499 price is paid at closing. A second mortgage can cover part of it. $62,577.35 is due at closing. Uses and sources reconcile at $421,005.13 each. Not a Closing Disclosure.