Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$20,880Cash toward the purchase price.
Closing costs + prepaids$16,613Not just lender fees.
Before credits & paid funds$37,493The complete starting cash picture.
Estimated remaining funds due at closing
$37,493No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$20,880.15
Your down payment$20,880.15
Closing costs + prepaids$16,612.94
Total buyer cash needed$37,493.09
Remaining funds due$37,493.09
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%)$5,050.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,420.60
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,646.50
Initial HOA (3 months)$93.75
Prepaid interest, first (23 days)$1,934.09
Fees + prepaids$16,612.94
Your down payment is the seller’s equity. You take over the $484,120 balance, so the rest of the $505,000 price is paid at closing. A second mortgage can cover part of it. $37,493.09 is due at closing. Uses and sources reconcile at $521,612.94 each. Not a Closing Disclosure.