Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$53,000Cash toward the purchase price.
Closing costs + prepaids$18,302Not just lender fees.
Before credits & paid funds$71,303The complete starting cash picture.
Estimated remaining funds due at closing
$71,303No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$53,000.32
Your down payment$53,000.32
Closing costs + prepaids$18,302.23
Total buyer cash needed$71,302.55
Remaining funds due$71,302.55
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%)$6,299.95
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,884.97
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$902.00
Initial HOA (3 months)$384.00
Prepaid interest, first (23 days)$2,363.31
Fees + prepaids$18,302.23
Your down payment is the seller’s equity. You take over the $576,995 balance, so the rest of the $629,995 price is paid at closing. A second mortgage can cover part of it. $71,302.55 is due at closing. Uses and sources reconcile at $648,297.23 each. Not a Closing Disclosure.