Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$55,842Cash toward the purchase price.
Closing costs + prepaids$15,739Not just lender fees.
Before credits & paid funds$71,581The complete starting cash picture.
Estimated remaining funds due at closing
$71,581No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$55,842.22
Your down payment$55,842.22
Closing costs + prepaids$15,738.78
Total buyer cash needed$71,581.00
Remaining funds due$71,581.00
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%)$4,849.50
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,145.54
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,212.50
Prepaid interest, first (25 days)$2,063.24
Fees + prepaids$15,738.78
Your down payment is the seller’s equity. You take over the $429,108 balance, so the rest of the $484,950 price is paid at closing. A second mortgage can cover part of it. $71,581.00 is due at closing. Uses and sources reconcile at $500,688.78 each. Not a Closing Disclosure.