Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$484Cash toward the purchase price.
Closing costs + prepaids$16,193Not just lender fees.
Before credits & paid funds$16,677The complete starting cash picture.
Estimated remaining funds due at closing
$16,677No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$484.40
Your down payment$484.40
Closing costs + prepaids$16,193.04
Total buyer cash needed$16,677.44
Remaining funds due$16,677.44
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%)$4,800.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,397.58
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,200.00
Initial HOA (3 months)$360.00
Prepaid interest, first (24 days)$1,967.46
Fees + prepaids$16,193.04
Your down payment is the seller’s equity. You take over the $479,516 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $16,677.44 is due at closing. Uses and sources reconcile at $496,193.04 each. Not a Closing Disclosure.