Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$96,991Cash toward the purchase price.
Closing costs + prepaids$15,486Not just lender fees.
Before credits & paid funds$112,477The complete starting cash picture.
Estimated remaining funds due at closing
$112,477No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$96,991.13
Your down payment$96,991.13
Closing costs + prepaids$15,485.55
Total buyer cash needed$112,476.68
Remaining funds due$112,476.68
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%)$4,940.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,985.04
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,235.00
Initial HOA (3 months)$90.00
Prepaid interest, first (25 days)$1,767.51
Fees + prepaids$15,485.55
Your down payment is the seller’s equity. You take over the $397,009 balance, so the rest of the $494,000 price is paid at closing. A second mortgage can cover part of it. $112,476.68 is due at closing. Uses and sources reconcile at $509,485.55 each. Not a Closing Disclosure.