Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$0Cash toward the purchase price.
Closing costs + prepaids$16,392Not just lender fees.
Before credits & paid funds$16,392The complete starting cash picture.
Estimated remaining funds due at closing
$16,392No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing−$6,089.60
Your down payment$0.00
Closing costs + prepaids$16,392.11
Total buyer cash needed$16,392.11
Remaining funds due$16,392.11
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%)$2,405.45
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,187.50
Initial HOA (3 months)$525.00
Prepaid interest, first (24 days)$2,056.16
Fees + prepaids$16,392.11
Your down payment is the seller’s equity. You take over the $481,090 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $16,392.11 is due at closing. Not a Closing Disclosure.