Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$38,688Cash toward the purchase price.
Closing costs + prepaids$15,681Not just lender fees.
Before credits & paid funds$54,369The complete starting cash picture.
Estimated remaining funds due at closing
$54,369No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$38,687.91
Your down payment$38,687.91
Closing costs + prepaids$15,681.25
Total buyer cash needed$54,369.16
Remaining funds due$54,369.16
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%)$5,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,306.56
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,664.25
Initial HOA (3 months)$108.75
Prepaid interest, first (26 days)$1,133.69
Fees + prepaids$15,681.25
Your down payment is the seller’s equity. You take over the $461,312 balance, so the rest of the $500,000 price is paid at closing. A second mortgage can cover part of it. $54,369.16 is due at closing. Uses and sources reconcile at $515,681.25 each. Not a Closing Disclosure.