Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$24,415Cash toward the purchase price.
Closing costs + prepaids$15,822Not just lender fees.
Before credits & paid funds$40,237The complete starting cash picture.
Estimated remaining funds due at closing
$40,237No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$24,414.56
Your down payment$24,414.56
Closing costs + prepaids$15,822.14
Total buyer cash needed$40,236.70
Remaining funds due$40,236.70
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%)$4,749.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,252.43
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,342.50
Initial HOA (3 months)$210.00
Prepaid interest, first (22 days)$1,800.21
Fees + prepaids$15,822.14
Your down payment is the seller’s equity. You take over the $450,485 balance, so the rest of the $474,900 price is paid at closing. A second mortgage can cover part of it. $40,236.70 is due at closing. Uses and sources reconcile at $490,722.14 each. Not a Closing Disclosure.