Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$12,720Cash toward the purchase price.
Closing costs + prepaids$14,714Not just lender fees.
Before credits & paid funds$27,434The complete starting cash picture.
Estimated remaining funds due at closing
$27,434No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$12,719.69
Your down payment$12,719.69
Closing costs + prepaids$14,714.16
Total buyer cash needed$27,433.85
Remaining funds due$27,433.85
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%)$4,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,311.40
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,331.25
Prepaid interest, first (23 days)$853.51
Fees + prepaids$14,714.16
Your down payment is the seller’s equity. You take over the $462,280 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $27,433.85 is due at closing. Uses and sources reconcile at $489,714.16 each. Not a Closing Disclosure.