Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$45,457Cash toward the purchase price.
Closing costs + prepaids$16,737Not just lender fees.
Before credits & paid funds$62,194The complete starting cash picture.
Estimated remaining funds due at closing
$62,194No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$45,456.71
Your down payment$45,456.71
Closing costs + prepaids$16,737.27
Total buyer cash needed$62,193.98
Remaining funds due$62,193.98
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%)$4,800.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,172.72
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$2,896.50
Initial HOA (3 months)$300.00
Prepaid interest, first (24 days)$1,100.05
Fees + prepaids$16,737.27
Your down payment is the seller’s equity. You take over the $434,543 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $62,193.98 is due at closing. Uses and sources reconcile at $496,737.27 each. Not a Closing Disclosure.