Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$53,109Cash toward the purchase price.
Closing costs + prepaids$15,253Not just lender fees.
Before credits & paid funds$68,361The complete starting cash picture.
Estimated remaining funds due at closing
$68,361No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$53,108.72
Your down payment$53,108.72
Closing costs + prepaids$15,252.75
Total buyer cash needed$68,361.47
Remaining funds due$68,361.47
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%)$4,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,159.46
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,019.75
Initial HOA (3 months)$165.00
Prepaid interest, first (22 days)$1,590.54
Fees + prepaids$15,252.75
Your down payment is the seller’s equity. You take over the $431,891 balance, so the rest of the $485,000 price is paid at closing. A second mortgage can cover part of it. $68,361.47 is due at closing. Uses and sources reconcile at $500,252.75 each. Not a Closing Disclosure.