Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$87,351Cash toward the purchase price.
Closing costs + prepaids$14,627Not just lender fees.
Before credits & paid funds$101,978The complete starting cash picture.
Estimated remaining funds due at closing
$101,978No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$87,350.78
Your down payment$87,350.78
Closing costs + prepaids$14,627.39
Total buyer cash needed$101,978.17
Remaining funds due$101,978.17
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%)$4,890.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,008.25
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,162.50
Prepaid interest, first (24 days)$1,098.65
Fees + prepaids$14,627.39
Your down payment is the seller’s equity. You take over the $401,649 balance, so the rest of the $489,000 price is paid at closing. A second mortgage can cover part of it. $101,978.17 is due at closing. Uses and sources reconcile at $503,627.39 each. Not a Closing Disclosure.