Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$55,734Cash toward the purchase price.
Closing costs + prepaids$14,851Not just lender fees.
Before credits & paid funds$70,584The complete starting cash picture.
Estimated remaining funds due at closing
$70,584No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$55,733.76
Your down payment$55,733.76
Closing costs + prepaids$14,850.66
Total buyer cash needed$70,584.41
Remaining funds due$70,584.41
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%)$2,146.33
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$477.50
Initial HOA (3 months)$180.00
Prepaid interest, first (28 days)$1,728.83
Fees + prepaids$14,850.66
Your down payment is the seller’s equity. You take over the $429,266 balance, so the rest of the $485,000 price is paid at closing. A second mortgage can cover part of it. $70,584.41 is due at closing. Uses and sources reconcile at $499,850.66 each. Not a Closing Disclosure.