Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$56,400Cash toward the purchase price.
Closing costs + prepaids$15,227Not just lender fees.
Before credits & paid funds$71,627The complete starting cash picture.
Estimated remaining funds due at closing
$71,627No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$56,400.04
Your down payment$56,400.04
Closing costs + prepaids$15,227.34
Total buyer cash needed$71,627.38
Remaining funds due$71,627.38
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%)$5,250.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,343.00
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$128.25
Prepaid interest, first (25 days)$2,038.09
Fees + prepaids$15,227.34
Your down payment is the seller’s equity. You take over the $468,600 balance, so the rest of the $525,000 price is paid at closing. A second mortgage can cover part of it. $71,627.38 is due at closing. Uses and sources reconcile at $540,227.34 each. Not a Closing Disclosure.