Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$94,162Cash toward the purchase price.
Closing costs + prepaids$16,949Not just lender fees.
Before credits & paid funds$111,111The complete starting cash picture.
Estimated remaining funds due at closing
$111,111No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$94,162.14
Your down payment$94,162.14
Closing costs + prepaids$16,949.20
Total buyer cash needed$111,111.34
Remaining funds due$111,111.34
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%)$5,900.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,479.19
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$905.50
Initial HOA (3 months)$50.01
Prepaid interest, first (23 days)$2,146.50
Fees + prepaids$16,949.20
Your down payment is the seller’s equity. You take over the $495,838 balance, so the rest of the $590,000 price is paid at closing. A second mortgage can cover part of it. $111,111.34 is due at closing. Uses and sources reconcile at $606,949.20 each. Not a Closing Disclosure.