Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$26,579Cash toward the purchase price.
Closing costs + prepaids$16,110Not just lender fees.
Before credits & paid funds$42,689The complete starting cash picture.
Estimated remaining funds due at closing
$42,689No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$26,579.02
Your down payment$26,579.02
Closing costs + prepaids$16,110.30
Total buyer cash needed$42,689.33
Remaining funds due$42,689.33
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%)$4,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,292.10
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,238.00
Initial HOA (3 months)$267.00
Prepaid interest, first (26 days)$1,995.20
Fees + prepaids$16,110.30
Your down payment is the seller’s equity. You take over the $458,421 balance, so the rest of the $485,000 price is paid at closing. A second mortgage can cover part of it. $42,689.33 is due at closing. Uses and sources reconcile at $501,110.30 each. Not a Closing Disclosure.