Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$40,196Cash toward the purchase price.
Closing costs + prepaids$15,949Not just lender fees.
Before credits & paid funds$56,145The complete starting cash picture.
Estimated remaining funds due at closing
$56,145No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,195.73
Your down payment$40,195.73
Closing costs + prepaids$15,949.35
Total buyer cash needed$56,145.08
Remaining funds due$56,145.08
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%)$2,199.02
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)$105.00
Prepaid interest, first (26 days)$2,177.33
Fees + prepaids$15,949.35
Your down payment is the seller’s equity. You take over the $439,804 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $56,145.08 is due at closing. Uses and sources reconcile at $495,949.35 each. Not a Closing Disclosure.