Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$159,077Cash toward the purchase price.
Closing costs + prepaids$15,098Not just lender fees.
Before credits & paid funds$174,175The complete starting cash picture.
Estimated remaining funds due at closing
$174,175No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$159,076.60
Your down payment$159,076.60
Closing costs + prepaids$15,098.41
Total buyer cash needed$174,175.01
Remaining funds due$174,175.01
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%)$5,600.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,004.62
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$916.75
Initial HOA (3 months)$276.00
Prepaid interest, first (24 days)$833.04
Fees + prepaids$15,098.41
Your down payment is the seller’s equity. You take over the $400,923 balance, so the rest of the $560,000 price is paid at closing. A second mortgage can cover part of it. $174,175.01 is due at closing. Uses and sources reconcile at $575,098.41 each. Not a Closing Disclosure.